Bitcoin ecosystem stablecoin project Aegis completes $2 million Pre-Seed round of financing, led by Dewhales Capital
2025-02-27 04:22:14
Bitcoin ecosystem stablecoin project Aegis announced the completion of the $2 million Pre-Seed round of financing, led by Dewhales Capital, with participation from Profluent Ventures and a group of angel investors. The new funds will be used to support its development of bitcoin-backed stablecoin YUSD, which is stable by establishing Delta neutral positions and selling BTC margin perpetual contracts equal to its bitcoin exposure.
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