Thumzup Raises $50M to Fuel Crypto Initiatives with Coinbase Prime

Thumzup Media, a company dedicated to digital media and financial innovation, has secured a significant $50 million investment from Coinbase Prime. This funding will be used to enhance Thumzup’s crypto portfolio through strategic initiatives focusing on Bitcoin treasury building. 90% of their liquid assets will be allocated to digital currencies, with the remaining 10% dedicated to support operational needs and other investments. The collaboration is expected to play a pivotal role in shaping the cryptocurrency market by increasing Bitcoin’s presence within corporate treasuries, particularly for institutional investors.