ORANGE JUICE Completes $40 Million Funding to Launch Bitcoin-Backed Permanent Capital Holding Company

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According to PR Newswire, ORANGE JUICE completed a $40 million funding round on July 16 to establish a bitcoin-backed permanent capital holding company. The firm was co-founded by Jeff Booth, Lyn Alden, Nico Lechuga, and Andi Pitt of bitcoin-focused venture firm ego death capital, with Mexico's Grupo Salinas founder Ricardo Salinas participating as anchor investor. Operating without fund cycles or exit pressures, ORANGE JUICE will focus on long-term development of portfolio companies and plans to pursue public listing in the future.
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