PANews reported on February 12 that according to official news, Whetstone announced the completion of a US$1.3 million Pre-Seed round of financing. Investors include Variant, Nascent, Credibly Neutral, Uniswap Ventures, Ambush, Figment and several angel investors.

Whetstone launched the Doppler protocol, which aims to optimize on-chain asset issuance and liquidity guidance, reduce robot buying, improve price discovery efficiency, and introduce programmable and auditable vesting periods to enhance the long-term incentive alignment between project owners and the community. Doppler has been deployed to Unichain and is the first to provide front-end support through Pure Markets.