Trammell Launches Bitcoin-Focused Institutional Investment Fund
The Austin, Texas-headquartered venture capital firm, Trammel Venture Partners, has successfully completed the venture industry’s foremost fund in a fresh series focused on backing founders working on the Bitcoin/Lightning Network covenant stack. All investors in the TVP Bitcoin Venture Fund I’s capital agreed on the product offering, ethics, and purpose of Bitcoin. TVP advisers such as Ryan Gentry, Robert Breedlove, Mark Moss, Stephen Cole and Lyle Pratt, Yan Pritzker, Louis Liu, Karthik Srinivasan, and Allan Stevo are also limited partners in the fund.
Trammell Venture Partners (TVP) was established in 2016 by TVP managing director and founding partner Christopher Calicott and TVP founding partner Dustin D. Trammell to acquire a stake in high-tech businesses in three key areas: Bitcoin-native innovations, security and privacy tech, and implemented artificial intelligence (AI). With its foremost devoted Bitcoin-native mandatory VC fund series, the TVP Bitcoin Venture Fund series, TVP has concentrated on financing companies developing on the tiers of the Bitcoin protocol stack from 2020.
Investment in unconventional asset categories such as venture capital may now be made possible via TVP’s first institutional feeder fund that accepts bitcoin as a form of collateral. Also on the team are Stephen Cole, who has joined TVP as a venture partner to help locate specific fund transactions, and Matthew Snow as a senior analyst.