Taproot Wizards Raise $7.5 Million to Advance Ordinals, L2s, Zk-Snarks on Bitcoin

Taproot Wizards, a Bitcoin Ordinals project focused on advancing Bitcoin’s capabilities, has secured $7.5 million in funding to assemble a team of top tier developers to build on Bitcoin. 

The investment round was led by Standard Crypto, with Geometry, Collider Ventures, StarkWare, UTXO Management, Bitcoin Frontier Fund, Masterkey and Newman Capital participating in the raise as well.

“We went for a larger seed round of $7.5 million because we feel time is of the essence,” said Taproot Wizards co-founder Udi Wertheimer. “We’ve been bullish on bitcoin for a decade but we genuinely believe that the best time to build in bitcoin is now.”

Taproot Wizards aims to assemble a solid team of…

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