Hourglass
Institutional yield for stablecoins
San Francisco, United States · Founded 2022 · $4.2M raised
- Headquarters
- San Francisco, California
- Employees
- 1–10
- Founded
- 2022
- Business Model
- B2B
- Website
- hourglass.com
- Total Funding
- $4.2M
- Last Round
- $4.2M SeedMay 2023
- Rounds
- 1
About
Hourglass is an institutional crypto yield platform that bridges stablecoin deposits to traditional capital markets via transparent, on-chain infrastructure. Founded in January 2022 by Charlie Pyle, the company pioneered the concept of Time-Bound Tokens (TBTs), a novel mechanism that tokenizes staked assets to enable liquidity and transferability of time-locked DeFi positions. Hourglass has since evolved to provide institutional investors with access to yield opportunities across both digital assets and traditional financial instruments, combining on-chain transparency with the return profiles of conventional capital markets. The company is backed by Electric Capital and raised a $4.2 million seed round.
Summary
Hourglass is a Crypto & Web3 company based in San Francisco, United States, founded in 2022. It has raised $4.2M in total across 1 round, most recently a $4.2M Seed round in May 2023. Investors include Electric Capital, Coinbase Ventures and Circle Ventures.
Funding History
May 2023
Investors
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