Founders Fund was launched in 2005 with the mission to invest in smart people solving difficult problems. Founders Fund is led by technology innovators including Peter Thiel, Brian Singerman, and Joey Krug. Founders Fund has invested in multiple digital assets and web3 products including Bitcoin, Paxos, Bullish, and most recently, Block Green, a lending protocol for Bitcoin miners lacking access to capital. Founders Fund most notably earned $1.8B from Bitcoin investments that were sold during the 2021 bull market.