TechFlow News — On July 9, Satoshi Protocol announced it completed a $2 million seed round in May 2024. The funding was co-led by CMS Holdings and RockTree Capital, with participation from Cypher Capital, Optic Capital, Side Door Ventures, Metalpha, Outliers Fund, Comma3, and angel investors Paul Taylor and Yenwen Feng.
Satoshi Protocol is a universal stablecoin protocol built on the Bitcoin ecosystem, enabling users to mint the $SAT stablecoin using BTC and LST as collateral. The protocol has been integrated on the Bitcoin mainnet and multiple Layer 2 networks, and has partnered with platforms such as Binance Web3 Wallet.




