Share this article
Bitcoin-Focused VC Stillmark Hires Former Google X Engineer Vikash Singh
Singh joins the fund as principal investor as the firm looks to deploy capital to Bitcoin-related companies.
By Sam Reynolds
Updated May 11, 2023, 4:01 p.m. Published Mar 17, 2022, 7:01 a.m.
Stillmark, a major investor in Lightning Network infrastructure providers Lightning Labs and Voltage, said Thursday it appointed former Google X engineer Vikash Singh as its principal investor.
- Stillmark has so far raised $40 million, specifically for investing in startups that utilize Bitcoin and the Lightning network.
- Stillmark said its first fund was oversubscribed twice over.
- Prior to Google X, Singh spent five years at Heal, a Series D stage health tech company that utilizes artificial intelligence (AI) and deep learning, which he joined at seed stage.
- In an interview with CoinDesk, Singh called Bitcoin a “moonshot” technology that’s a fundamental evolution of financial technology tjat levels the playing field for many people.
- Singh wants Bitcoin to be a “stable base layer for people to be their own bank and be independent.”
- Compared with other cryptos bitcoin is a “clear winner in the race for money over the internet,” he said.
- Lightning Labs has been fundamental in El Salvador adopting bitcoin as legal tender and making it available alongside cash as a payment mechanism.
Read more: Jack Dorsey Touts Bitcoin's Virtues at MicroStrategy Conference
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Pye Finance Raises $5M Seed Round Led by Variant and Coinbase Ventures
The platform aims to make locked Solana staking positions tradable via an onchain marketplace.
What to know:
- Pye Finance raised a $5 million seed round led by Variant and Coinbase Ventures, with participation from Solana Labs, Nascent and Gemini.
- The startup is building an onchain marketplace on Solana for time-locked staking positions that can be traded.
- Pye says the product targets Solana’s large pool of staked SOL, worth roughly $75 billion, and aims to give validators and stakers more flexibility over terms and reward flows.
Top Stories
