Bitcoin-Focused Ordinals Project Taproot Wizards Raises $7.5M in Seed Round

Taproot Wizards, a Bitcoin-focused Ordinals project, raised $7.5 million in seed funding to try and "make bitcoin magical again." The investment round was led by crypto-focused venture capital firm Standard Crypto, with contributions from Geometry, Collider Ventures, StarkWare, UTXO Management, Bitcoin Frontier Fund, Masterkey and Newman Capital, according to a post on Taproot Wizards' X account on Thursday. Taproot Wizards, which describes itself as "magic internet JPEGs", offers a collection of Microsoft Paint images of wizards harking back to a 2013 bitcoin meme. The Ordinals protocol enables users to inscribe data into satoshis.

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