BitVault Raises $2M From GSR, Gemini, and Auros to Launch BTC-Backed ...
18 Articles
18 Articles


BitVault Raises $2M from GSR, Gemini, and Auros to Launch BTC-Backed ...

BitVault to launch BTC-backed stablecoin on Katana chain
Bitcoin and stablecoins are stealing the spotlight, and one company hopes to tap into both of them. Bitcoin (BTC) and stablecoin narratives converge in the latest funding round. On Thursday, June 18, BitVault secured a $2 million investment to build a Bitcoin-backed stablecoin. The bvUSD stablecoin...
BitVault Secures $2M to Launch Bitcoin-Backed Stablecoins on Katana Chain
BitVault’s Strategic Move into Bitcoin-Backed Stablecoins BitVault, a decentralized finance (DeFi) protocol, has successfully closed a $2 million pre-seed funding round. This round was led by prominent firms such as GSR, Gemini, and Auros, with the aim of revolutionizing the stablecoin market. BitVault’s focus is to introduce Bitcoin-backed stablecoins to the digital finance ecosystem. The stablecoins that BitVault will launch include bvUSD, an …
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