BTC native stablecoin protocol bitSmiley.io completes $10 million second round of financing | PANews

BTC native stablecoin protocol bitSmiley.io completes $10 million second round of financing

PANews reported on October 28 that BTC native stablecoin protocol bitSmiley.io announced the completion of a second round of financing of US$10 million. This round of financing was participated by institutions including MH Ventures, Veris Ventures, Side Door Ventures, KuCoin Ventures, Pragma, NewTribe Capital, Kinetic Kollective, Perlon Capital, IBC, GuildQB, NxGen, Dutch Crypto Investors, Aegis Ventures, ZC, Skyland Ventures and Cypher Capital. This financing will promote bitSmiley's innovation and development in the field of Bitcoin-supported DeFi. bitSmiley.io plans to expand its cross-chain transactions and BTCFi infrastructure by cooperating with platforms such as ZetaChain and Babylon.

Last year, bitSmiley completed its first round of financing, led by OKX Ventures and ABCDE .

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together

PANews WeChat Group

Telegram Discussion Group

Telegram News Channel

Recommended Reading

PA一线

45 minutes ago

Ironlight raises $21 million to expand its compliant tokenized securities infrastructure

融资周报

11 hours ago

Funding Weekly Report | 15 publicly disclosed funding events; stablecoin payment company KAST completes $80 million funding round, valuing the company at approximately $600 million.

链捕手 ChainCatcher

13 hours ago

Dissecting the Pharos public blockchain's capital game: Is its $950 million valuation propped up by assets like photovoltaics, a shell transaction hidden beneath layers of betting?

PA一线

03/14/2026, 01:46 PM

Kimi, the dark side of the moon, is raising another $1 billion in funding, pushing its valuation to $18 billion.

PA一线

03/14/2026, 10:25 AM

Pharos, an L1 public blockchain, secured a "betting" investment from GCL New Energy, valuing the company at nearly $1 billion.

PA一线

03/14/2026, 01:50 AM

The increased funding for the STRC is boosting potential Bitcoin purchasing power, but the crypto market structure has not yet fully shifted to a bull market.