PANews reported on February 19 that according to Globenewswire, the Bitcoin DeFi project Maestro announced the completion of a US$3 million seed round of financing, led by Wave Digital Assets and Draper Associates, with participation from UTXO Management, Bitcoin Frontier Fund, Draper Dragon and Necto Labs.

According to reports, Maestro is an enterprise-level infrastructure provider customized for Bitcoin DeFi. It has launched UTXO-based infrastructure services to simplify the complex process of building Bitcoin native financial applications. Maestro provides APIs, developer tools and innovative solutions, such as memory pool meta-protocol indexing, which enables real-time on-chain insights.