Home > Quick > Body

Bitcoin re-pledge platform SatLayer completes $8 million Pre-Seed round of financing

clock
2024-08-22 14:05:16
SatLayer, a Babylon-based bitcoin re-pledge platform, announced the completion of a $8 million Pre-Seed round of funding, led by Hack VC and Castle Island Ventures, with participation from Franklin Templeton, OKX Ventures, Mirana Ventures, Amber Group, Big Brain Holdings, CMS Holdings and others. SatLayer co-founder Luke Xie told The Block that the project's original goal was to raise $4 million, but when the funding began in April, the round was oversubscribed within a month. (TheBlock)
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.