TVP在早期比特幣啟動資金中揭示了767％的爆炸

週四，奧斯汀的Trammell Venture Partners（TVP）是一家早期的比特幣風險投資公司，發表了第三份有關加密貨幣新興風險投資景觀的年度報告，揭示了“比特幣 - 新幣”預裝前的交易中的767％增長。

Trammell Venture Partners (TVP), an early-stage Bitcoin venture capital firm based in Austin, Texas, was founded in 2016 and specializes in investing in startups operating in the domains of Bitcoin, Lightning, and Web3.

Trammell Venture Partners（TVP）是一家位於德克薩斯州奧斯汀市的早期比特幣風險投資公司，成立於2016年，專門從事在比特幣，Lightning和Web3領域運作的初創公司。

The firm is focused on investing in the seed stage, and its mission is to support the development of the next generation of Bitcoin-native companies.

該公司專注於在種子階段進行投資，其使命是支持下一代比特幣本地公司的發展。

On Thursday, TVP published its third annual report on the emerging venture capital landscape of Bitcoin, highlighting a substantial 767% surge in transactions for “Bitcoin-native” startups at the pre-seed stage.

週四，TVP發布了有關比特幣新興風險投資景觀的第三份年度報告，強調了在預種植階段的“比特幣新興”初創公司的交易中的767％激增。

The firm defines “Bitcoin-native” as a startup that is "founded with the first principle that bitcoin is the global monetary asset of the future and Internet-native digital cash." This category includes the majority of TVP's portfolio companies, such as Voltage, a startup concentrating on Lightning Network infrastructure, and Fedi, a company that launched a Bitcoin superapp encompassing chat, money, and numerous social features.

該公司將“比特幣本地人”定義為“基於第一個原則，即比特幣是未來的全球貨幣資產和互聯網本地數字現金”。該類別包括TVP的大多數投資組合公司，例如電壓，專注於閃電網絡基礎架構的初創公司，以及Fedi（Fedi）是一家公司，該公司推出了一家比特幣SuperApp，涵蓋聊天，金錢和眾多社交功能。

According to TVP's research, by the end of 2024, the number of pre-seed venture transactions for such Bitcoin-native startups had increased sevenfold since 2021. During that same period, from 2021 to 2024, TVP’s analysis indicates that Bitcoin startups collectively raised approximately $1.2 billion.

根據TVP的研究，到2024年底，這種比特幣本地初創企業的預播企業交易數量自2021年以來增加了7倍。在同一時期，從2021年到2024年，TVP的分析表明，比特幣創業公司集體籌集了約120億美元。

"Many entrepreneurs across crypto are pivoting to the Bitcoin stack as the long-term place to build their companies," noted Christopher Calicott, managing director at TVP. "It makes complete sense. The objectively most secure, reliable, and decentralized blockchain is the obvious platform of choice," he added.

TVP董事總經理克里斯托弗·卡利科特（Christopher Calicott）指出：“整個加密貨幣的許多企業家都將比特幣堆棧樞紐作為建立公司的長期地點。”他補充說：“這是完全有道理的。客觀上最安全，最可靠和分散的區塊鍊是明顯的選擇平台。”

Bitcoin.com contacted TVP to inquire about the methodology used to arrive at the 767% increase figure, but Calicott responded that the raw data was proprietary to TVP and not yet disclosed.

Bitcoin.com聯繫了TVP，以詢問用於達到767％數字的方法，但Calicott回答說，原始數據是TVP的專有，尚未透露。

"We haven't been releasing the raw data from our data set, other than in summary statistics. So, for example, we're not yet disclosing the names of the companies that were funded in 2024 or the full breakdown of the transaction types (e.g., Series A, Series B, etc.). We'll be sharing more of that in future reports," Calicott disclosed.

“除了摘要統計數據外，我們還沒有從數據集中釋放原始數據。因此，例如，我們尚未披露2024年資助的公司的名稱或交易類型的完整故障（例如，Serip A，Series B等）。我們將在以後的報告中分享更多的公司，” Calicott披露。 ”

The report from TVP showcases several other interesting trends in the Bitcoin startup landscape. For instance, total funding in 2024 dropped by 22.1% to $234 million, the lowest capital raised in the 2021-2024 timeframe. However, 2024 saw the total number of startups funded and pre-seed transactions rise by 27.5% and 50%, respectively. Among the various stages, Series A transaction count experienced the largest surge, increasing by 60% in 2024.

TVP的報告展示了比特幣初創企業景觀中其他一些有趣的趨勢。例如，2024年的總資金下降了22.1％，至2.34億美元，這是2021 - 2024年期間籌集的最低資金。但是，2024年的初創公司總數分別增加了27.5％和50％。在各個階段中，A系列交易數量經歷了最大的激增，2024年增加了60％。

Among the various charts compiled by TVP, one that stands out starkly highlights the small size of the Bitcoin-native venture capital investment landscape in comparison to the broader non- BTC crypto ecosystem. Despite Bitcoin's 63% dominance of the total cryptocurrency market capitalization, TVP's data indicates that the leading digital asset obtained only a paltry 2.34% of all crypto venture dollars invested. Is the glass only 2.34% full or 97.66% empty? Calicott suggests it's the former.

在TVP彙編的各種圖表中，與更廣泛的非BTC加密生態系統相比，比特幣本地風險投資投資格局的尺寸很小。儘管比特幣在總加密貨幣市值中佔63％，但TVP的數據表明，領先的數字資產僅獲得了所有加密風險投資的2.34％。玻璃只有2.34％已滿還是97.66％空？卡利科特（Calicott）暗示這是前者。

"As this wave of early-stage companies gains traction, we'll see increasingly large amounts of crypto value accrue to the Bitcoin stack—a core thesis that drives investing at Trammell Venture Partners," Calicott stated.

卡利科特說：“隨著早期公司的這一浪潮獲得吸引力，我們將看到比特幣堆棧的加密價值越來越大，這是一個核心論點，它推動了對特拉姆爾風險投資夥伴進行投資的核心論點。”