TechFlow reported on February 19 that, according to GlobeNewswire, Maestro, an enterprise-grade Bitcoin decentralized finance (DeFi) infrastructure provider, has raised $3 million in seed funding. The round was co-led by Wave Digital Assets and Draper Associates, with participation from UTXO Management, Bitcoin Frontier Fund, Draper Dragon, and Necto Labs.
Maestro specializes in providing UTXO-based infrastructure services, including high-performance application programming interfaces (APIs), developer tools, and mempool meta-protocol indexing solutions. The funds will be used to accelerate the development of its infrastructure to support enterprises, financial institutions, and other organizations in accessing the Bitcoin financial ecosystem.
