Bitcoin Repledging Platform SatLayer Closes $8 Million Pre-Seed Funding Round
SatLayer, the Babylon-based bitcoin repledging platform, has announced the completion of an $8 million Pre-Seed round 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. Group, Big Brain Holdings, CMS Holdings, and others.SatLayer co-founder Luke Xie told The Block that the project's initial goal was to raise $4 million, but when the funding round began in April, it was oversubscribed within a month. (The Block)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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