Bitcoin venture capital laboratory SATX Labs announced the launch of a fund to promote innovation in the Bitcoin ecosystem.

BlockBeats News, on January 4th, SATX Labs, a venture capital laboratory focused on the Bitcoin ecosystem, announced the launch of its first Bitcoin ecosystem investment fund. The fund will focus on Bitcoin layer 2 protocol and ecosystem development, ensuring mainnet security and promoting the sustainable development of the Bitcoin ecosystem. As an investment institution dedicated to building the Bitcoin ecosystem, SATX Labs will provide comprehensive support in three key areas: product research and development, acceleration incubation, and compliance. It is reported that the fund's investors include North American listed companies, top US dollar funds, leading computing power enterprises, Bitcoin OGs, and other upstream institutions and individuals in the industry. The fund now invites early-stage startup teams in the Bitcoin ecosystem and more ecosystem enthusiasts to join. Registration link: https://forms.gle/k5r7tYoQHrruCaq17. The deadline for registration submission is February 7, 2024.