Trammell Venture Partners

Bitcoin-native startups have raised nearly $1.2 billion between 2021 and 2024, according to new research from Trammell Venture Partners. Early-stage activity continues to grow despite broader market declines.

DMND (“Demand Pool”) aims to revolutionize Bitcoin mining with the launch of the first-ever Stratum V2 mining pool, empowering miners with greater control, security, and transparency. By allowing miners to construct their own block templates and implementing an auditable payout system, DMND aims to decentralize mining and maximize profitability.

Bitcoin startups raised $301 million through all of last year alone.

The report examines the growth of the industry and highlights the discrepancy between bitcoin’s dominance and the level of investment bitcoin startups receive.

Trammell Venture Partners is pooling Bitcoin-focused institutional investors into a feeder-fund focused on Bitcoin and Lightning network development.