Independent research across 169 companies in the Bitcoin space demonstrated that the larger the #VC raise, the more likely the company drifts into stablecoins, fiat lending, altcoins, or tokenisation.

Above $50M in funding, every Bitcoin-focused company drifted (16/16), whereas bootstrapped ones remain Bitcoin-only at 75%.

Find out why in this article from the series "Fiat Everywhere:"
https://daniella.io/bitcoin-funding