Satoshi Protocol, a Bitcoin ecosystem project, announces successful completion of seed round funding with joint leadership from Web3Port Foundation and Waterdrip Capital

On March 26th, BEVM Ecological’s first CDP stablecoin protocol, Satoshi Protocol, completed its seed round of financing. This round of financing was led by Web3Port Foundation and Waterdrip Capital, 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 been online with the Bitcoin Layer2 solution BEVM testnet. The genesis NFT has already been minted on over 80,000 addresses. During the testnet period, a limited supply of 25,000 OAT tokens was distributed to all participants, with over 100,000 addresses involved in the past two weeks. The protocol is expected to officially launch on the mainnet in the near future.

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