TechFlow reports that on March 26, Satoshi Protocol, the first CDP stablecoin protocol in the BEVM ecosystem, has completed its seed round financing. The round was co-led by Web3Port Foundation and Waterdrip Capital, with participation from BEVM Foundation, Cogitent Venture, Statoshi Lab, GP of MH Venture/co-founder of BSCnews, Movebit, and Supremacy.
Since early March, Satoshi Protocol has launched on BEVM's Bitcoin Layer2 solution testnet. Over 80,000 addresses have minted the genesis NFT, and all 25,000 limited OAT tokens allocated during the testnet phase have been fully distributed. In just two weeks, more than 100,000 addresses participated. The protocol is scheduled to officially launch on mainnet in the coming days.
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