Muneeb Ali’s Trust Machines Raises $150M

Posted on by American Coins & Gold

Muneeb Ali’s Trust Machines Raises 0M
Trust Machines, co-founded by Stacks founder Muneeb Ali and Princeton University computer science professor J.P. Singh, has raised $150 million in funding for expanding Bitcoin as a Web 3 platform.Participating investors in the round include Breyer Capital, Digital Currency Group (the parent company of CoinDesk), GoldenTree, Hivemind and Union Square Ventures.Trust Machines will build on the recent success of Stacks, which is a programming layer for Bitcoin, in making Bitcoin a platform for Web 3 applications, the firm said in a press release.Ali is the CEO of Trust Machines and is executive chairman at Hiro, the primary developer of Stacks,…