Satoshi Protocol
The first Bitcoin Finance Network, powered by the Bitcoin-backed stablecoin satUSD
The first Bitcoin Finance Network, powered by the Bitcoin-backed stablecoin satUSD
Satoshi Protocol is a groundbreaking startup that has recently received a $2.00M Seed Round investment on 01 May 2024. The investment came from a group of prominent investors including Outliers Fund, CMS Holdings, Sidedoor Ventures, Cypher Capital Group, Comma3 Ventures, Optic Capital, Yenwen Feng, Metalpha Technology Holding Limited, Paul Taylor, and RockTree Capital. Satoshi Protocol stands out in the blockchain and crypto industries with its innovative approach as the first Bitcoin Finance Network which is empowered by the Bitcoin-backed stablecoin satUSD. The startup was founded in 2024 and has since been making a notable impact in the industry. The company's stablecoin protocol provides users with the ability to deposit BTC, LST, ETH or USDC/USDT as collateral to mint the stablecoin $satUSD on Bitcoin mainnet, L2s and EVM ecosystem.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $2.00M | 10 |
|
01 May 2024 |
| Seed Round | Unknown | - | 26 Mar 2024 |
No recent news or press coverage available for Satoshi Protocol.
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