Lionshield BTC today announced the acquisition of the first round of seed funding from Brooks Legend Venture to help build localized bitcoin economies.
AUSTIN, TX, USA, May 5, 2022 /EINPresswire.com/ — Lionshield BTC the software and bitcoin mining company, today announced the acquisition of the first round of seed funding from Brooks Legend Venture. The seed funding will help build a localized bitcoin economy across the United States.
Lionshield was officially launched in 2021 as a bitcoin mining startup in Pflugerville, Texas. Today, Lionshield works with economic development agencies across the country to acquire the land and infrastructure necessary to launch and operate containerized bitcoin mining farms. Lionshield will also develop a mobile app and marketplace to facilitate an increase in local bitcoin adoption.
“It’s exciting to partner with Brooks Legend, a company that understands our vision to revitalize Main Street with solid cash. Our team is inspired by the history of Bitcoin Beach and the influence it has had on over four million Salvadorans. By bringing the same basic economic model to the United States, we believe bitcoin can have a similar impact on the millions of people living in communities most often overlooked. With bitcoin mining as the catalyst, we can bring new revenue to these cities, profits for our investors, and most importantly, continue the bitcoin revolution. We are fighting for our future and we have a long way to go. – Lionshield CEO, Michael Schiltz.
“My partners and I have been investing in cryptocurrency markets and technology since 2016. We created this fund to help start-ups pursue credibility, visibility, and trade expansion in crypto assets. It was a banner year for crypto funding deals. We want to grow and be part of this incredible time. We believe our partnership with Lionshield is aligned with our vision to produce new technologies, reduce our currency exposure, and be the first in the United States to replicate Bitcoin Beach. – Managing Partner of Brooks Legend Venture, Tom Mckeown
Lionshield BTC is a technology company focused on revitalizing Main Street, America by creating localized bitcoin economies centered around bitcoin adoption and powered by bitcoin mining.
Learn more about www.lionshieldcap.com
Brooks Legend Venture is a new blockchain-focused venture capital firm interested in pre-seed investments for crypto-focused startups. The new fund has raised 8 million and aims to reach 20 million by the end of 2022.