BlockBeats reports that on December 26, the Bitcoin investment application Relai announced that it has increased its holdings by 13 BTC.
BlockBeats previously reported that on December 10, the self-custody application Relai, focused on buying and selling Bitcoin, completed a $12 million Series A funding round, led by the Bitcoin-focused venture capital fund Ego Death Capital, which contributed $4 million. Other investors include Plan B Bitcoin Fund, Timechain, and Solit Group.
This round of financing adopts a 'common equity' structure, consistent with Relai's previous financing. Linig added that this round of financing brings Relai's total fundraising to approximately $20 million, with its valuation rising from $60 million (pre-financing) to $72 million (post-financing).
