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Satoshi Protocol - Seed
Overview
Funding Date
May 1, 2024
Financing amount
$2M
Valuation
--
Category
Subcategory
About Satoshi Protocol - Seed
Satoshi Protocol closed a $2 million seed funding round in May 2024, led by THE CMS and RockTree Capital, participation from Cypher Capital Group, Side Door Ventures, Optic Capital, Comma3 Ventures, Metalpha, Outliers Fund, Paul Taylor, Yenwen Feng.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2019 | 164 | [email protected] | ||
| Fund | United States of America | 2010 | 10 | [email protected] | ||
| Fund | United Arab Emirates | 2022 | 47 | -- | ||
| Fund | United States of America | -- | 24 | -- | ||
| Fund | Unknown | -- | 9 | -- | ||
| Fund | Unknown | -- | 34 | -- | ||
| Corporate | Hong Kong | 2015 | 7 | [email protected] | ||
| Fund | United States of America | 2018 | 5 | -- | ||
| Angel Investor | Unknown | -- | 10 | -- | ||
| Angel Investor | Taiwan (Province of China) | -- | 9 | -- |
Company Profile / Project Introduction
River is building a chain-abstracted stablecoin system, connecting assets, liquidity, and returns across multiple blockchains. Through its core stablecoin, satUSD, users can achieve returns, leverage, and scale across diverse ecosystems. River's key feature is its pioneering omni-CDP module, allowing users to collateralize assets on chain A and mint satUSD on chain B—all without requiring cross-chain asset bridging.