Bitcoin-Focused VC Stillmark Hires Former Google X Engineer Vikash Singh

Stillmark has so far raised $40 million, specifically for investing in startups that utilize Bitcoin and the Lightning network.

Stillmark said that its first fund was oversubscribed twice-over.

Prior to Google X, Singh spent five years at Heal, a Series D stage healthtech company that utilizes 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 which 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 to other cryptos it’s a “clear winner in the race for money over the internet,” he said.