{"id":4961,"date":"2023-03-07T16:19:38","date_gmt":"2023-03-07T16:19:38","guid":{"rendered":"http:\/\/ci02b9a1f8800027c3"},"modified":"2023-03-07T16:19:38","modified_gmt":"2023-03-07T16:19:38","slug":"swiss-bitcoin-app-relai-raises-4-5-million","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/swiss-bitcoin-app-relai-raises-4-5-million","title":{"rendered":"Swiss Bitcoin App Relai Raises $4.5 Million Led By Jeff Booth\u2019s Ego Death Capital"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p><a href=\"https:\/\/relai.app\/\" target=\"_blank\" rel=\"noopener\">Relai<\/a>, a Swiss non-custodial bitcoin platform, has announced a $4.5 million funding round led by <a href=\"https:\/\/egodeath.capital\/\" target=\"_blank\" rel=\"noopener\">Ego Death Capital<\/a>.&nbsp;<\/p>\n<p>New investors include Timechain, Cabrit Capital and Lightning Ventures, while participating firms Redalpine and Fulgur Ventures are both previous investors.<\/p>\n<p>In addition to this news, the company announced that Ego Death Capital general partner Andi Pitt will be joining Relai\u2019s board. <\/p>\n<p>\u201cThe current bear market is the perfect time to focus on what\u2019s most important: building a top-notch product, delivering a seamless user experience, and educating people about Bitcoin as the best savings technology ever invented,\u201d said Relai CEO and co-founder Julian Liniger. \u201cOur team is hungry for what\u2019s ahead, and we have a crystal clear plan that we will execute in the coming months. With ego death capital and the great network around Jeff Booth, Andi Pitt, and Nico Lechuga, we are ready to bring bitcoin to everyone in Europe!\u201c <\/p>\n<p>The funding will go towards further expansion as a retail Bitcoin on-ramp in Europe. Relai currently has plans to add zero-fee trading, implement support for the Lightning Network and introduce a white-label product that will allow for other firms to offer fiat-to-bitcoin trading. Also in focus is the recently launched <a href=\"https:\/\/bitcoinmagazine.com\/business\/swiss-bitcoin-app-relai-business\">Relai Business<\/a> platform. <\/p>\n<p>\u201cWe\u2019ve been really impressed by Julian and the Relai team and their ability to deliver long term value to users,\u201d commented Jeff Booth, general partner at ego death capital. \u201cWe believe they will be a key player for European Bitcoin adoption and are excited to work with them.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The funding will be used to expand the platform&#8217;s retail Bitcoin on-ramp in Europe, add zero-fee trading, support for Lightning and more.<\/p>\n","protected":false},"author":2730,"featured_media":1430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[352,93,306,297],"class_list":{"0":"post-4961","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-fundraising","9":"tag-news","10":"tag-relai","11":"tag-switzerland"},"author_data":{"id":2730,"name":"BtcCasey","nicename":"casey","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/02\/jn_tjlo_400x400.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/handshake-spending-transaction.png","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/4961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2730"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=4961"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/4961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/1430"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=4961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=4961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=4961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}