On December 2, Fund I, a fund under Recursive Capital, announced the completion of a new round of fundraising, which will focus on supporting Bit startups and ecosystem development in the African market, covering areas such as cryptocurrency infrastructure, mining, and leading technologies. The current investment portfolio includes Bit financial services Bitnob, Bit collaborative custody platform Fedi, and lightning network payment company SYN.
It is reported that the new fund has not yet disclosed the fundraising amount, but its investors include Block chairman Jack Dorsey, former Goldman Sachs partner and Fortress Investment Group chairman Peter L. Briger Jr., and Ego Death Capital founding partner Jeff Booth.



