Coinspeaker
Taproot Wizards Raises $30M to Boost Smart Contracts on Bitcoin
Taproot Wizards has completed a $30 million raise as part of its ambitions to make “Bitcoin magical again.” The Bitcoin Ordinals project shared the update in a Tuesday announcement via its co-founder Udi Wertheimer.
According to The Block, which first reported the news, this fund is the project’s first ever funding since its seed round of $7.5 million. While the round was led by Taproot Wizards’s early supporter Standard Crypto, it also had other venture capital (VC) firms like Cyberfund and Collider Ventures, among others, in participation.
Taproot Wizards Targets OP_CAT Ecosystem Growth with New Fund
Taproot Wizards was founded in 2023 by Udi Wertheimer and Eric Wall, both well-known figures in the crypto space. The project takes its name from the popular “Bitcoin Wizard” meme and the recent Taproot upgrade that improved Bitcoin’s functionality.
According to the firm, it will focus
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