Company
April 17, 2024

Fulgur Ventures Invests in Elysium Lab to Elevate Bitcoin’s Usability and Security

Fulgure Ventures invests in Elysium Lab, for Elysium this is a major milestone and the start of journey to elevate Bitcoin usability and security.

Fulgur Ventures Invests in Elysium Lab to Elevate Bitcoin’s Usability and Security

Elysium Lab, a pioneer in Bitcoin self-custody solutions, is pleased to announce a significant milestone in its journey toward revolutionizing the digital asset landscape. Fulgur Ventures, renowned for its strategic investments in Bitcoin and the Lightning Network, injected crucial capital in a bridge round last March, empowering Elysium to expedite the final stages of its pre-seed efforts and propel the imminent launch of the groundbreaking Elysium Wallet.

Fulgur Ventures’ strategic investment signifies more than financial backing; it represents a powerful synergy between two entities deeply committed to advancing a politically neutral monetary system through innovative technology. With Fulgur Ventures’ unparalleled expertise and resources in Bitcoin and Layer-2 solutions, Elysium is poised to simplify and secure Bitcoin self-custody, asset management, and daily payments on an unprecedented scale.

Aron Clementi, CEO of Elysium, expressed his enthusiasm, stating:

“The collaboration with Fulgur Ventures marks a pivotal moment for Elysium. Their unwavering focus on Bitcoin and the Lightning Network perfectly complements our vision, amplifying our capacity to innovate and scale our solutions efficiently. We eagerly anticipate leveraging their network and expertise to drive Bitcoin towards mass adoption with our cutting-edge technologies.”

Oleg Mikhalsky, Partner at Fulgur Ventures, emphasized the significance of Elysium’s user-centric approach, stating:

“Fulgur Ventures remains dedicated to supporting startups dedicated to Bitcoin mass adoption, and Elysium’s emphasis on user experience is pivotal in achieving this objective. Additionally, we are thrilled to collaborate with a team deeply embedded in Lugano’s universities as we explore avenues to enrich the startup ecosystem in Lugano, Ticino, and Switzerland.”

This strategic investment signifies a monumental achievement for Elysium and underscores the burgeoning potential of Lugano’s startup and Bitcoin ecosystem. With enhanced technological capabilities and a burgeoning team, Elysium is committed to transparency and continuous engagement with stakeholders as it progresses toward the eagerly anticipated launch of its application.

Contact Information for Elysium Press Relations, pr@elysiumlab.io

For more information about Elysium Lab, please visit www.Elysiumlab.io

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