Institutional investors are boldly breaking new ground and boldly entering the world of Bitcoin Ordinals as the launch of the protocol’s inaugural managed fund ‘Unbroken Chain’ went live to raise $5 million.
Led by Consolidated Trading’s L.Asher Corson, the liquid trading treasury has received significant support from the creator of the BRC-20 token standard, Domo; The former communications director of Ordinals, Isabel Foxen Duke, and the UTXO management of BTC Inc.
Contributions have already reached more than $1.5 million, supported by the acquisition of Bitcoin rockobtained on September 20 for a hefty $85,000 (3 BTC).
Unbroken Chain’s unique financing approach
The Unbroken Chain fund boldly asserts itself as the pioneering managed fund actively engaged in trading Inscriptions and Ordinals, which encapsulate BRC-20 tokens, similar to ERC-2O tokens on the Ethereum network.
Investments include a wide range of assets: Bitcoin native tokens, unique satoshis and distinctive inscriptions. Now operating under the Unbroken Chain banner, these collectibles are at the forefront of the liquid trading fund, bringing significant capital into the Ordinals ecosystem.
This groundbreaking initiative not only amplifies institutional investments in Bitcoin-based NFTs, but also underlines what is achievable within the limitless confines of the blockchain-based landscape.
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