The company Jan3, created by bitcoin maximalist Samson Mowreceived a large dollar investment to promote the construction of a so-called portfolio Aqua wallet.
The seed-stage investment was led by Fulgur Ventures, but included participation from Salinas Group, TetherLightning Ventures, East Ventures, Plan B Fund, Bitcoin Opportunity Fund and NYDIG. Grupo Salinas was founded by billionaire Ricardo Salinas, who has been supporting bitcoin initiatives for a few years.
With a $5 million investment, the company that has backed several nation states to buy bitcoin promises to make access to the coin’s ecosystem easier.
“At Fulgur Ventures, we are committed to supporting visionary entrepreneurs building the financial infrastructure of the future. Our investment in JAN3 reflects our confidence in its mission to accelerate Bitcoin adoption worldwide. We believe JAN3’s innovative approach will play a key role in advancing the Bitcoin and Liquid Network ecosystems and are excited to support JAN3’s journey towards a more inclusive and efficient financial system.“, says Oleg Mikhalsky, partner at Fulgur Ventures.
Strategic partners to expand super application, 100% focused on bitcoin, the Aqua Wallet wallet
Grupo Salinas, founded by Ricardo Salinas, is a large Latin American conglomerate with a diverse portfolio of companies, such as Banco Azteca, Elektra and TV Azteca. Banco Azteca stands out for its focus on financial inclusion and providing banking services to middle and lower class families in Latin America.
In Asia, East Ventures is a leading investor in Indonesia and Japan, with a strong innovation presence in Southeast Asia. Batara Eto, the company’s co-founder, is a Bitcoin pioneer and is leading Metaplanet’s transformation into a Bitcoin Treasury-focused company.
THE Tether (USDt), the world’s largest stablecoin issuer, has been critical in providing access to the digital dollar in emerging economies. With Tether’s network effects and JAN3’s AQUA Wallet, the goal is to bring Bitcoin and financial freedom to the South.
“Tether is excited to support JAN3’s work to promote financial freedom around the world. JAN3’s AQUA wallet has found an excellent product market fit by offering the perfect balance between saving in Bitcoin and spending in USDt“said Paolo Ardoino, CEO of Tether.
Jan3 succeeds in creating his bitcoin treasury
THE Jan3 too announced that the new investment will enable the creation of a bitcoin treasury for the company of 12 BTCs. For Samson Mow, CEO of JAN3, the year 2025 starts with a moment of happiness.
“We have managed to create a Bitcoin super app that can provide real utility and is used in everyday life around the world. It just works and it only gets better.”
For the future, the Aqua wallet wants to create even more features to make the daily use of bitcoin easier and easier.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
