OCEAN is making waves with its latest approach to addressing traditional Bitcoin risks.
OCEAN, a decentralized Bitcoin platform, is celebrating a major milestone after raising $6.2 million in its most recent funding round. The funding was largely led by prominent billionaire Jack Dorsey.
OCEAN Gains $6.2M Seed Funding
OCEAN secured $6.2 million in seed funding, with Jack Dorsey and other investors, including Barefoot Bitcoin Fund, Bitcoin Opportunity Fund, and Bitcoin Opportunity Fund, leading the charge. The funding will help OCEAN enter the market and raise awareness about Bitcoin while giving new participants a taste of the industry.
The Core Mission!
Major investors recognized the potential of OCEAN and chose to invest. Here’s what they had to say about the firm: “Our contribution to OCEAN comes from a deep respect for their mission. OCEAN is solving a problem for Bitcoiners that I think all of us feel- further centralization of pools and mining pools that could plague Bitcoin and how that risks a bunch of Bitcoin attributes that we hold dear.”
Jack Dorsey also commented on the launch, stating, “When I see a project that is good for Bitcoin broadly, and that’s also good for my companies and me personally, it becomes a simple decision for me, and I’m happy to be a part of it.”
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Elena R
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
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