SatLayer
The New Economy, Built on Bitcoin
- Employees
- 1–10
- Business Model
- B2B
- Website
- satlayer.xyz
- Total Funding
- $8.0M
- Last Round
- $8.0M Pre-SeedAug 2024
- Rounds
- 1
About
SatLayer is a Bitcoin restaking protocol that transforms BTC into programmable collateral, allowing holders to deposit Bitcoin or Bitcoin liquid staking tokens into SatLayer vaults to secure Bitcoin Validated Services (BVSs) and earn yield. The protocol has attracted over $200 million in total value locked and roughly 200,000 BTC restaked, and partners with leading Layer-1 and Layer-2 ecosystems including Babylon, Sui, Berachain, BNB Chain, and Bitlayer. SatLayer's smart contracts have been audited by Asymptotic, Coinspect, Dedaub, Salus, and Zellic.
Summary
SatLayer is a Crypto & Web3 company. It has raised $8.0M in total across 1 round, most recently a $8.0M Pre-Seed round in Aug 2024. Investors include Hack VC and Castle Island Ventures.
Tech & App Stack
5 technologies & apps tracked
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Funding History
Aug 2024
Investors
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