bitvault

Last week, there were a total of 16 public financing events in the cryptocurrency market, with a cumulative financing of approximately 169 million USD | Investment and Financing Weekly Report

Stablecoin startup Ubyx has completed a $10 million seed round financing, led by Galaxy Ventures; DePIN project SparkChain AI has completed $10.8 million in financing, led by OakStone Ventures; cryptocurrency savings app Nook has completed $2.5 million in financing, with participation from Coinbase Ventures and others.

2025-06-23

The Blockchain Group

Last week, there were a total of 16 public financing events in the cryptocurrency market, with a cumulative financing of approximately 169 million USD | Investment and Financing Weekly Report

The DeFi protocol BitVault has completed a $2 million pre-seed funding round, with participation from GSR and others

ChainCatcher news, according to Cointelegraph, the DeFi protocol BitVault announced the completion of a $2 million pre-seed funding round, with investors including GSR, Gemini, Auros, and Keyrock.BitVault will launch an over-collateralized stablecoin bvUSD backed by Bitcoin derivatives and its yield-bearing variant sbvUSD. The protocol will be deployed on the new decentralized finance chain Katana, incubated by Polygon Labs and GSR, utilizing a permissioned fork of Liquity V2 to achieve permissioned lending, user-set interest rates, and automated liquidation infrastructure.BitVault plans to deploy on the Katana mainnet in June 2025 and is actively onboarding institutional borrowers.

2025-06-18

investment and financing

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