Fulgur Ventures is proud to back Relai, the Zurich-based, Swiss-licensed Bitcoin-only app that has become one of the most popular ways for Europeans to start saving in bitcoin. Founded in 2020 by Julian Liniger and Adem Bilican, Relai strips the entire process down to a few taps: connect a bank account, set a recurring purchase, and watch your stack grow without the friction of complex exchange interfaces or unwanted altcoin distractions.

Relai's defining choice is also its strongest signal. By going Bitcoin-only and emphasizing automated dollar-cost averaging, the team has built a product whose entire incentive structure is aligned with long-term holders rather than short-term traders. Operating from Switzerland under the appropriate regulatory framework gives users a level of trust that is increasingly rare in European crypto, and increasingly valuable.

This is core Fulgur thesis territory. We invest in companies that treat Bitcoin as a category of its own, not as one ticker among many, and that make ownership genuinely accessible to non-technical users. Recurring purchases are arguably the most important behavior in retail Bitcoin adoption, and Relai has turned that behavior into a smooth, mobile-native default for hundreds of thousands of Europeans.

The vision extends beyond a savings app. As Europe moves through a new regulatory era for digital assets, Bitcoin-only platforms with strong compliance posture will have a structural advantage, and Relai is well placed to keep widening its lead. We have been partners since 2021 and remain excited about what the team is building next, on-chain and through Lightning, for everyday European savers.