Catenaa, Friday, January 10, 2025 – JAN3, a Bitcoin infrastructure company, has raised $5 million in a seed funding round led by Fulgur Ventures. The funding aims to accelerate the development and marketing of AQUA Wallet, a Bitcoin and Layer 2 wallet, and support JAN3’s mission to advance Bitcoin adoption globally.
Key investors in the round include Grupo Salinas, Tether, Lightning Ventures, and NYDIG. A portion of the funds, $1 million, will establish JAN3’s Bitcoin Treasury with 12 BTC, acquired at an average price of $83,333.33 per Bitcoin.
AQUA Wallet’s November 2024 swap volume exceeded $11 million, reflecting rapid user adoption. The wallet seamlessly integrates Bitcoin and Tether USDt, providing users a self-custodial platform to save in Bitcoin and spend in stablecoins. The new funding will also enhance features like credit cards, loans, and local on/off ramps, making AQUA a cornerstone of grassroots Bitcoin adoption.
JAN3’s initiatives include collaborating with leaders from 17 countries to promote Bitcoin strategies. The company envisions AQUA as a tool to empower families, small businesses, and underbanked individuals in volatile economies, bridging gaps in the global financial system.
