Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product
August 3, 2022 $4 Million, Bitcoin, Bitcoin (BTC), BTC-backed, derivatives contracts, El Zonte Capital, Fundraise, Galoy, Galoy Founder, Hivemind Ventures, Kingsway Capital, lightning network, ln, News, Nicolas Burtey, Product Launch, Stablecoin, Stablesats, Stablesats Product, synthetic dollar, Timechain, Trammell Venture Partners, Valor Equity Partners 0 Comments
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a......