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AcreBTC - Undisclosed
Overview Investors Company Profile / Project Introduction
Overview
About AcreBTC - Undisclosed
Acre has raised $4 million at $90 million token valuation from investors including Draper Dragon, Big Brain Holdings and Orange DAO. Acre, a spin-out from Thesis, enables users to "compound" their bitcoin holdings through various methods, including staking rewards.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | China | 2006 | 42 | [email protected] | ||
| Fund | United States of America | -- | 135 | -- | ||
| DAO | -- | -- | 51 | -- |
Company Profile / Project Introduction
Acre is the liquidity layer for Bitcoin scaling. Users deposit BTC and receive a liquid token (stBTC) representing their deposited BTC. The deposited BTC is deployed to Bitcoin layers that use BTC as their PoS asset, generating a passive yield for stBTC holders.
*Fundraising Announcement: Click here
CoinCarp Fundraising Database is an online crypto and blockchain fundraising information database; that is, all the fundraising-related information is provided by third-party organizations and individuals. However, CoinCarp cannot guarantee the validity of the information found here. The information contained in this Fundraising Database is not investment advice.