Unchained and Texas university partner for $5M endowment fund
The pair are launching the first long-term endowment fund held in Bitcoin with a goal of raising $5 million, which will remain invested in BTC for at least five years
Bitcoin financial services firm Unchained and the University of Austin have partnered to launch a long-term endowment fund holding Bitcoin
On May 31, Austin, Texas-based crypto services and custody company Unchained unveiled a new partnership with the University of Austin (UATX).
The pair are launching the first long-term endowment fund held in Bitcoin with a goal of raising $5 million, which will remain invested in BTC for at least five years.
This initiative aims to integrate Bitcoin into higher education and explore alternative financial strategies.
