Saddle

Saddle is a blockchain startup that aims to revolutionize trading and earning with pegged value crypto assets, starting with tokenized bitcoin. As an automated market maker (AMM), Saddle facilitates efficient trading between pegged value crypto assets. The company's flagship product is a tokenized bitcoin pool, enabling users to trade and provide liquidity for tBTC, WBTC, sBTC, and renBTC. Founded in 2020 and headquartered in the United States, Saddle secured a significant $7.50M Series A investment on November 11, 2021. Notably, the investment was backed by prominent investors such as eGirl Capital, Electric Capital, Polychain Capital, Galxe, Nascent, and Nalu Capital. This funding round is expected to accelerate Saddle's growth and further establish its presence in the financial services industry. With a clear value proposition and strong investor support, Saddle is poised for success in the competitive world of crypto asset trading and DeFi.