As of the latest available information, Jay-Z’s involvement in Bitcoin includes a significant investment through his company Marcy Venture Partners (MVP). MVP has added spatial LABS (sLABS), a metaverse and blockchain-based tech incubator, to its portfolio. Additionally, MVP’s investments include blockchain developer Alchemy, French hardware wallet startup Ledger, and the â‚¿trust fund. The â‚¿trust fund, created in partnership with Jack Dorsey, initially had an endowment of 500 bitcoin, which was worth almost $58 million at the time. These investments indicate Jay-Z’s growing interest and involvement in the cryptocurrency and blockchain space. For more detailed information, you can visit CoinDesk’s article on Jay-Z’s investments in blockchain and crypto.

As of 2024, Jay-Z has been actively involved in the Bitcoin space, particularly in collaboration with Jack Dorsey. Together, they established a Bitcoin fund named â‚¿trust, with the primary goal of developing Bitcoin’s adoption, initially focusing on teams in Africa and India. They invested 500 Bitcoin into this fund, which at the time was valued at around $24 million. The endowment is set up as a blind irrevocable trust and seeks to contribute to making Bitcoin “the internet’s currency.”

This collaboration aligns with Dorsey’s long-standing support for Bitcoin and Jay-Z’s growing interest in digital currencies and technology. Their combined efforts indicate a significant commitment to advancing the development and adoption of Bitcoin globally oai_citation:1,Jay-Z, Twitter’s Jack Dorsey Establish $24 Million Fund to Develop Bitcoin oai_citation:2,Jack Dorsey, Jay-Z Aim to “Make Bitcoin the Internet’s Currency” – Crypto Briefing.