Bitcoin infrastructure Oyl completes US$3 million in Pre-Seed round of financing, led by Arca
BlockBeats news, on March 8, Bitcoin infrastructure company Oyl completed a US$3 million Pre-Seed round of financing, led by Arca, Foresight Ventures, Arthur Hayes family office Maelstrom, Domo, UTXO Management, Taproot Wizards CEO Udi Werthheimer, Kanosei and FlamingoDAO participated in the investment.
Oyl is developing full-stack development tools and wallets so users can use the latest trading tools in one application. In addition, Oyl Wallet will launch in the coming weeks, including market aggregation tools for BRC-20 and token exchange integration with Bitcoin DeFi protocol Omnisat.