The group said it will commit funding over the next three years to support Bitcoin security work, marking a coordinated institutional push into network resilience.
Nine institutional investors have formed the Bitcoin Security Consortium and pledged $15 million over the next three years for Bitcoin security work. The development was disclosed in a post by Bitcoin News on X. The commitment points to a coordinated effort by institutional backers to support the resilience of the Bitcoin network, an area that typically includes research, infrastructure hardening and other measures aimed at protecting core operations.