Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

$3000 in June – New All-Time High?

14/06/2025

Did Circle execute its IPO ‘perfectly’?

14/06/2025

SEC Commissioner Pushes to Streamline Crypto Regulations

14/06/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Centralized Entities Now Hold Over 30% of Bitcoin’s Supply: Gemini

    14/06/2025

    US CPI Pushes Bitcoin Price Below $108,000, But Buy Pressure to Drive Recovery

    14/06/2025

    Just 216 Bitcoin holders own over 6 million BTC as market concentration grows

    14/06/2025

    New browser extension lets you instantly price the web in bitcoin

    14/06/2025

    $3000 in June – New All-Time High?

    14/06/2025

    Ethereum Stabilizes After Market Drop – Key MA Reclaim Could Trigger A June Rally

    14/06/2025

    Could BlackRock’s $34.7M Ethereum Buy Signal a Bullish Shift for ETH Price?

    14/06/2025

    Can Ethereum’s Smart Contract Sustain Amidst the Increasing Competition From Rivals?

    14/06/2025

    INJ’s Price Surges Over 5% After Canary Capital Files for a Staked Injective ETF

    14/06/2025

    Shiba Inu’s Shibarium Skyrockets 7,154% as Adoption Hits New Highs

    14/06/2025

    RLUSD Adoption Metric Skyrockets 52%, Here’s Implication for XRP Price

    14/06/2025

    Bitcoin May Lead in Store of Value — But VeChain Leads in Real-World Use

    14/06/2025

    Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development

    13/06/2025

    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

    13/06/2025

    Binance, Cristiano Ronaldo Introduce Sixth NFT Drop

    13/06/2025

    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

    13/06/2025

    $3000 in June – New All-Time High?

    14/06/2025

    Did Circle execute its IPO ‘perfectly’?

    14/06/2025

    SEC Commissioner Pushes to Streamline Crypto Regulations

    14/06/2025

    Good News for US Investors with Airdrop from Surprise Altcoin Listed on Binance! “First!”

    14/06/2025
  • Blockchain

    INTO Commences Partnership with Dragonfly to Broaden Web3 Accessibility

    14/06/2025

    Metalpha Collaborates with DogeOS

    14/06/2025

    YZi Labs and Plume Unveil $150M Genesis Mainnet

    14/06/2025

    Micro-cap Quantum Resistance Ledger’s QRL token jumps 33% amid quantum concerns for crypto

    14/06/2025

    BNB Chain Expands BNB AI Hack to BNB Hack

    14/06/2025
  • DeFi

    Crypto Lending Platform Morpho V2 Brings DeFi Closer to Traditional Finance

    14/06/2025

    DeFi Adding $5B of Solana Buying Power With New Line of Credit

    14/06/2025

    World Liberty promised AAVE lending six months ago — so where is it?

    14/06/2025

    NodeX Partners with Laika AI to Pioneer AI-Powered DeFi Infrastructure & Web3

    14/06/2025

    Solv Protocol Joins Lista DAO to Unveil $SolvBTC/$USD1 Lending Market

    14/06/2025
  • Metaverse

    Meta Invests $14 Billion in Scale AI to ‘Deepen’ its Work on Superintelligence

    13/06/2025

    US Senators Probe Stablecoin Plans by Facebook Parent Meta

    12/06/2025

    Terminus Forges Alliance with COBOX to Revolutionize Metaverse

    11/06/2025

    DRX Asia Partners With Terminus to Build On Metaverse Ambitions

    11/06/2025

    COBOX and Broken Bound Announce Strategic Partnership Amid Growing Metaverse Integration

    11/06/2025
  • Regulation

    Did Circle execute its IPO ‘perfectly’?

    14/06/2025

    VanEck, 21Shares, and Canary urge SEC to revert to ‘first to file, first to approve’ standard for crypto ETFs

    14/06/2025

    Pump.fun may have loftier goals than building an L1

    14/06/2025

    US Congressmen introduce a bill to initiate the first comprehensive audit of America’s gold reserves

    14/06/2025

    CZ Blasts New York Times Over Alleged TRUMP Memecoin Dinner Smear

    14/06/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Good News for US Investors with Airdrop from Surprise Altcoin Listed on Binance! “First!”

    14/06/2025

    How HYPE Surged on Hyperliquid’s Growing Perpetual Futures Stardom

    14/06/2025

    Blazpay Partners with ManusPay to Redefine AI-Driven Crypto Payments

    14/06/2025

    Coinbase Adds 12 Cryptocurrencies for Futures Trading Collateral

    14/06/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Why are big games building on Avalanche instead of Ethereum?

    14/06/2025

    Tencent exploring $15B Nexon acquisition, a gaming firm with Web3 investments

    13/06/2025

    Off The Grid active wallets hold steady ahead of Steam launch

    13/06/2025

    ‘FIFA Rivals’ Launches—Why Mythical Games Thinks It’ll Hit Bigger Than ‘NFL Rivals’

    13/06/2025

    946 Exahash—Miners Push Bitcoin to New Computational Heights Despite Pay Drop

    14/06/2025

    Pakistan Announces Investment in Bitcoin Mining Amid Tensions with India! Here Are the Details

    14/06/2025

    Bitcoin Miners Just Had One of Their Best Quarters on Record, JPMorgan Says

    14/06/2025

    Bitcoin Miners Notch Gains as Meta Signs 20-Year AI Deal With Nuclear Plant

    13/06/2025

    SEC Commissioner Pushes to Streamline Crypto Regulations

    14/06/2025

    Why These Top 8 Crypto Groups Want The Two Bills Merged

    14/06/2025

    OpenAI Challenges Court Order to Preserve User Data in NYT Lawsuit

    14/06/2025

    Brazil Mulls Taxing Cryptocurrency to Offset Financial Transaction Tax Hike

    14/06/2025

    $3000 in June – New All-Time High?

    14/06/2025

    Did Circle execute its IPO ‘perfectly’?

    14/06/2025

    SEC Commissioner Pushes to Streamline Crypto Regulations

    14/06/2025

    Good News for US Investors with Airdrop from Surprise Altcoin Listed on Binance! “First!”

    14/06/2025
  • MarketCap
NBTC News
Home»Bitcoin»University of Austin And Unchained To Raise $5 Million For Bitcoin Endowment
Bitcoin

University of Austin And Unchained To Raise $5 Million For Bitcoin Endowment

NBTCBy NBTC17/06/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Unchained and the University of Austin (UATX) have announced their collaboration to create a long-term endowment holding Bitcoin.

“I’ve been very passionate about what UATX is building in Austin,” said Joseph Kelly, CEO and co-founder of Unchained, who has personally donated 2 BTC to kickstart this campaign. “I’ve seen the values the organization places on free speech and on building a modern academic institution that’s integrated with the marketplace, and I’m thrilled to play a role in helping the university make bitcoin a part of its long term strategy.”

The initiative aims to raise $5 million for the university’s endowment, with the funds committed to remaining in BTC for at least five years. The endowment funds are to be held securely and managed by Unchained, a prominent Bitcoin financial services provider specializing in multisig Bitcoin vaults.

The partnership also seeks to merge UATX with the broader Bitcoin community by collaborating on planned efforts such as joint marketing campaigns, events, guest lectures, and hosted debates.

“University endowments are about serving students, and bitcoin provides a unique opportunity for advancing UATX’s commitment to cultivating future generations of leaders and innovators,” said Thomas Hogan, incoming Associate Professor, Center for Economics, Politics, and History.

Founded in 2016, Unchained currently manages over $6 billion in Bitcoin, helping thousands of individuals and businesses hold their own Bitcoin keys through its collaborative custody model. The University of Austin is a private, nonprofit institution dedicated to the fearless pursuit of truth, according to the release.

“Both UATX and the bitcoin community are building institutions for the future at a time when their respective worlds of higher education and financial services are captured by entrenched powers which limit freedoms through censorship,” Kelly added. “By choosing Unchained as a partner, the university is also signaling its assessment of bitcoin’s function as a freedom preserving technology, with our custody model helping to ensure there is no single point of failure to UATX’s long-term holdings.”

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Centralized Entities Now Hold Over 30% of Bitcoin’s Supply: Gemini

14/06/2025

US CPI Pushes Bitcoin Price Below $108,000, But Buy Pressure to Drive Recovery

14/06/2025

Just 216 Bitcoin holders own over 6 million BTC as market concentration grows

14/06/2025

New browser extension lets you instantly price the web in bitcoin

14/06/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

$3000 in June – New All-Time High?

14/06/2025

Did Circle execute its IPO ‘perfectly’?

14/06/2025

SEC Commissioner Pushes to Streamline Crypto Regulations

14/06/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.