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Jay-Z Teams Up With Twitter CEO to Invest $23 Million in Bitcoin Fund

Jay-Z Teams Up With Twitter CEO to Invest $23 Million in Bitcoin Fund (Image Credit: Instagram/AllThingsJayZ) Tech investor Shawn “Jay-Z” Carter and Twitter CEO Jack Dorsey are on a mission to make bitcoin (BTC) the internet’s currency. The two billionaires are investing 500 bitcoin into a new endowment called ₿trust. With the rapid rise of bitcoin in the last few weeks, the 500 bitcoin investment is currently worth over $23 million. Dorsey shared the news on Twitter Friday, announcing that the investment would be used to fund bitcoin development in Africa and India. He noted that the endowment will be set up as a “blind irrevocable trust” and have “zero direction” from himself and Jay-Z.

LVMH Fenty fashion house on hold

The 13 Largest NYC Tech Startup Funding Rounds of January 2021

AlleyWatch Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York during January 2021.  I have included some additional information such as industry, description, round type, total equity funding raised to further the analysis for the state of venture capital in NYC The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in front of, establishing thought leadership within, and driving lead generation from the vast majority of key influencers in the New York business community and beyond. Find out more

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