Sats Terminal Completes $1.7 Million Pre-Seed Funding Round, Led by Coinbase Ventures and Draper Associates

BlockBeats News, April 7th, Bitcoin DeFi aggregator Sats Terminal completed a $1.7 million Pre-Seed funding round, with Coinbase Ventures and Draper Associates co-leading the round. Other participants include Draper Dragon, BitcoinFi Accelerator, UTXO Management, Core Chain Ventures, Sats Ventures, Delta Blockchain Fund, Tenzor Capital, and 3Commas Capital.

Sats Terminal offers a decentralized exchange (DEX), bridging, and yield aggregation services, aiming to address the fragmentation issue in Bitcoin DeFi. This funding round will help Sats Terminal further develop its infrastructure.