TechFlow reports that Sora Ventures, a venture capital firm focused on the Bitcoin ecosystem, has announced the launch of its Runes Liquidity Fund and raised $3 million. The fund received investments from Bankless Ventures, SpaceshipDAO, Bitcoin Magazine, and Serafund, among others. It will focus on investing in liquid assets built on the Runes protocol. Sora Ventures has also invested in over 30 companies within the Bitcoin Layer 1 space, adopting a unique approach that positions it as a Bitcoin L1-focused fund. To date, the firm has not invested in any Bitcoin Layer 2 projects.
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