Why did we invest in Diba? Because the most interesting frontier in digital ownership is no longer on alternative chains, it is being quietly built on Bitcoin itself. Diba is a Bitcoin-native marketplace for Unique Digital Assets, what most people still call NFTs, leveraging the RGB smart-contract protocol and Lightning to make issuance, transfer, and discovery feel modern while keeping settlement firmly on the world's most secure base layer.

Founded by Gideon Nweze in 2022 and based in New York, Diba focuses on the parts of the experience that have historically held Bitcoin back as a creator platform: minting flows, wallet compatibility, and a marketplace UX that does not assume the buyer is a protocol engineer. By building on RGB, Diba inherits Bitcoin's security and privacy properties for client-side validated assets rather than reproducing the trust assumptions that plague other ecosystems.

Our Fulgur thesis has always been that Bitcoin will absorb the use cases that matter, including digital collectibles, identity, and rights management, once the tooling is good enough. Diba is part of the wave proving that case. Pairing RGB with Lightning means transfers can be near-instant and low-cost, which is the precondition for any consumer-grade ownership product to actually work at scale.

The market for digital ownership is not going away, but the chain it lives on is still being decided. We believe creators and collectors who care about longevity will gravitate toward Bitcoin, and Diba is positioning itself to be the front door when they arrive. We are excited to back Gideon and the team as they build that front door.