Satoshi Protocol, Bitcoin’s Ecosystem Project, Announces Successful Seed Round Financing with Web3Port Foundation and Waterdrip Venture as Lead Investors

On March 26th, the BEVM ecosystem’s first CDP stablecoin protocol, Satoshi Protocol, completed its seed round financing. The round was led by Web3Port Foundation and Waterdrip Venture, with participation from BEVM Foundation, Cogitent Venture, Statoshi Lab, GP of MH Venture/co-founder of BSCnews, Movebit, Supremacy, and other institutions.

Since early March, Satoshi Protocol has launched the Bitcoin Layer2 solution BEVM testnet. The genesis NFT has already been minted at over 80,000 addresses. During the testnet period, a limited supply of 25,000 OAT tokens was fully distributed, with over 100,000 addresses participating within a span of two weeks. Currently, the protocol is scheduled to officially launch on the mainnet in the near future.

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