Pre-Seed Round
Funding Details
SatLayer is a Bitcoin restaking platform that aims to enhance Bitcoin's role as collateral in decentralized finance (DeFi) by allowing users to restake their Bitcoin holdings for additional yield. Built on the Bitcoin staking protocol Babylon, SatLayer provides a unique opportunity for Bitcoin holders to earn additional returns on their assets while contributing to the DeFi ecosystem. The platform is designed to simplify the process of staking Bitcoin, making it accessible to a broader audience and fostering greater participation in the DeFi space. The funding will be utilized to further develop the platform's technology, expand its user base, and enhance marketing efforts. The round was co-led by prominent venture capital firms, indicating strong investor confidence in the platform's potential.
Confidence Score
Participating Investors
Hack VC is an early-stage venture capital firm that invests in the cryptocurrency, fintech, and marketplaces sectors. The firm partners with online an...
CMS Holdings is a venture capital firm that specializes in investing in early-stage blockchain and cryptocurrency projects. They focus on innovative t...
Hack VC is an early-stage venture capital firm that invests in the cryptocurrency, fintech, and marketplaces sectors. The firm partners with online an...
Castle Island Ventures is a venture capital firm investing in public blockchain startups. The firm focuses on early-stage investments in the blockchai...
Franklin Templeton is a global leader in asset management with over seven decades of experience, specializing in mutual funds, ETFs, and investment st...
OKX Ventures is the investment arm of OKX, a leading cryptocurrency exchange and Web3 technology company. With an initial capital of $100 million, the...
Mirana Ventures is a venture capital firm focused on investing in innovative projects within the blockchain and cryptocurrency sectors. They aim to su...
Amber Group is a leading digital assets financial services company that provides a range of investment and portfolio management solutions for both ins...
A fully committed and deeply crypto-native firm, specializing in early-stage investments and navigating the evolving landscapes of blockchain technolo...
Hack VC is an early-stage venture capital firm that invests in the cryptocurrency, fintech, and marketplaces sectors. The firm partners with online an...
Franklin Templeton Digital Assets is a division of Franklin Templeton focused on investing in digital asset technologies and strategies. The firm aims...
Amber Group is a leading digital assets financial services company that provides a range of investment and portfolio management solutions for institut...
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