{"id":6367,"date":"2025-01-06T22:32:14","date_gmt":"2025-01-06T22:32:14","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6367"},"modified":"2025-01-06T22:32:14","modified_gmt":"2025-01-06T22:32:14","slug":"bitcoin-adoption-goes-big-jan3-secures-5-million-under-mows-oversight","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6367","title":{"rendered":"Bitcoin Adoption Goes Big: JAN3 Secures $5 Million Under Mow\u2019s Oversight"},"content":{"rendered":"<div>\n<p>JAN3 joins tech and publicly listed companies in fully adopting Bitcoin and expanding its adoption. On its blog, the company shared that it has raised <a href=\"https:\/\/jan3.com\/blog\/jan3-raises-5-million-seed-round\/\" target=\"_blank\" rel=\"noopener nofollow\">$5 million in funds<\/a>, which it plans to use to develop and expand its AQUA Wallet.<\/p>\n<p>Popular investors, including Tether and Fulgure Ventures, support the company\u2019s initiative to help expand Bitcoin\u2019s use cases. It aims to address the crypto\u2019s scalability and expand its adoption, particularly in regions with limited or no access to financial services.<\/p>\n<p>JAN3\u2019s investment in this wallet reflects the growing demand for financial tools linked to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin<\/a>. The project also highlights the value of Layer 2 technologies like the Lightning Network.<\/p>\n<h2>Accessible Financial Service<\/h2>\n<p>According to the company\u2019s project blueprint, it aims to create an accessible financial service and tool. JAN3 refers to its <a href=\"https:\/\/jan3.com\/\" target=\"_blank\" rel=\"noopener nofollow\">AQUA Wallet,<\/a> which allows users to hold Tether and Bitcoin on Later 2 solutions, allowing them to manage these digital assets directly. Since holders have direct access to digital assets, it can promote cheaper and faster transactions, thus addressing BTC scalability issue.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-361207\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/01\/a_93413a.png?resize=950%2C553\" alt=\"\" width=\"950\" height=\"553\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/01\/a_93413a.png?w=950 950w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/01\/a_93413a.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/01\/a_93413a.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/01\/a_93413a.png?w=750 750w\" sizes=\"(max-width: 950px) 100vw, 950px\"><\/p>\n<p>The company also shared that it will add other financial services to the wallet, such as loans, card payments, and buying and selling BTC options, to cover daily needs. Currently, JAN3 is collaborating with the government of El Salvador to develop its Bitcoin City and boost its digital financial systems.<\/p>\n<p>JAN3\u2019s project with <a href=\"https:\/\/www.reuters.com\/markets\/currencies\/el-salvadors-bitcoin-wallet-be-sold-or-discontinued-after-deal-with-imf-official-2024-12-19\/\" target=\"_blank\" rel=\"noopener nofollow\">El Salvador<\/a> reflects the growing importance of Bitcoin in the economy of Latin America, where access to financial services remains a problem for many.<\/p>\n<h2>JAN3 Seed Round Gets Tether, Fulgur Ventures Backing<\/h2>\n<p>JAN3\u2019s seed round attracted the attention of many popular crypto companies, including Tether, Lightning Ventures, Fulgur Ventures, and Grupo Salinas. In a statement, JAN3 said that they\u2019re honored by these companies\u2019 participation and that their support reflects the top digital asset\u2019s growing importance.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full\" src=\"https:\/\/www.tradingview.com\/x\/COG9jGGg\/\" width=\"1839\" height=\"959\"><\/p>\n<p>The participating companies also shared their excitement and satisfaction with the project. According to Oleg Mikhalsky of Fulgur Ventures, they support JAN3\u2019s vision for the future of Bitcoin. He added that they\u2019re confident about the project, which can improve the adoption of Bitcoin and the Liquid Network ecosystem.<\/p>\n<p>JAN3 Looks For Partners That Share Their Vision<\/p>\n<p>In the same blog post, JAN3 added that they aren\u2019t just looking for capital. Ultimately, they\u2019re looking for partners who share their mission and can help them with their expansion plans in Asia and Latin America. Grupo Salinas is the company\u2019s partner in Latin America, and it is the same group that controls TV Azteca, Elektra, and Banco Azteca.<\/p>\n<p>In Asia, JAN3 partners with East Ventures. The company invests in Japan and Indonesia and is helping boost Bitcoin adoption in the region. In addition to these regional companies, JAN3 also works with Tether. Combining its AQUA Wallet\u2019s usability with Tether\u2019s network, it aims to bring digital assets and financial inclusion to as many people as possible.<\/p>\n<p><em>Featured image from Dall-E, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>JAN3 joins tech and publicly listed companies in fully adopting Bitcoin and expanding its adoption. On its blog, the company shared that it has raised $5 million in funds, which it plans to use to develop and expand its AQUA Wallet. Popular investors, including Tether and Fulgure Ventures, support the company\u2019s initiative to help expand [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-6367","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6367"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6367\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}