DLC.Link
Although Bitcoin is the largest digital asset, it cannot be used in DeFi directly. To earn yield on their Bitcoin, users must first transfer it to a custodian or a bridge. Custodian failures and bridge hacks, however, have led to over $140Bn in losses to date.DLC.link implements an MIT invention that makes it easy for app developers to integrate native Bitcoin. Their platform trustlessly locks Bitcoin on-chain, from where it can be controlled by Ethereum and other smart… Although Bitcoin is the largest digital asset, it cannot be used in DeFi directly. To earn yield on their Bitcoin, users must first transfer it to a custodian or a bridge. Custodian failures and bridge hacks, however, have led to over $140Bn in losses to date.DLC.link implements an MIT invention that makes it easy for app developers to integrate native Bitcoin. Their platform trustlessly locks Bitcoin on-chain, from where it can be controlled by Ethereum and other smart contracts.We're backed by Chainlink, Sequoia Scout as well as notable Bitcoin and DeFi investment funds.
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Key Info
- 2021 Founded
- 876K Total Funding Raised
- New York, New York, USA
- 6 Employees
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Credibility
Github Verified
LinkedIn Verified
News
There are no recent news for this organization.
Activity Timeline
- Raisedfrom undisclosed investor.undisclosed capital
May 09, 2024
- Raisedfrom .undisclosed capital
May 09, 2024
- Raisedfrom .undisclosed capital
Mar 14, 2024
Oct 02, 2023
Team
Investments
Round | Amount Raised | Date | Investors |
---|---|---|---|
Venture Round | — | May 09, 2024 | |
Venture Round | — | May 09, 2024 | |
Venture Round | — | Mar 14, 2024 | |
Seed | Raised $2,000,000 | Oct 02, 2023 | |
Pre-seed | Raised $1,100,000 | Jun 15, 2022 |