Sovryn
Experience seamless Bitcoin-based decentralized trading and lending, built on RSK and governed by the community.
Experience seamless Bitcoin-based decentralized trading and lending, built on RSK and governed by the community.
Sovryn is a Bitcoin-based decentralized trading and lending platform, founded in 2020. Its slogan, "Experience seamless Bitcoin-based decentralized trading and lending, built on RSK and governed by the community," encapsulates its vision. Sovryn operates within the Finance, Financial Services, and Trading Platform industries. The platform is developed on RSK, a side chain of the Bitcoin blockchain, powered by merge-mining, and is governed by the community. The latest investment in Sovryn was a significant $5.40M Venture Round secured on 09 October 2022. The investment came from a diverse group of General Catalyst, Collider Ventures, Bollinger Investment Group, Bering Waters Ventures, and Balaji Srinivasan. As Sovryn continues to make waves in the cryptocurrency space, this recent investment is a testament to its potential and the confidence it has garnered from notable investors.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture Round | $5.40M | 6 |
|
09 Oct 2022 |
| Seed Round | $2.10M | 3 |
|
15 Dec 2020 |
No recent news or press coverage available for Sovryn.
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