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3232Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product
https://www.digit.info/fintech-firm-galoy-raises-4-million-startup-introduces-bitcoin-backed-synthetic-dollar-product/
Wed, 03 Aug 2022 21:00:01 +0000https://www.digit.info/2022/08/03/fintech-firm-galoy-raises-4-million-startup-introduces-bitcoin-backed-synthetic-dollar-product/Read more]]>On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages derivatives contracts to create a bitcoin-backed synthetic dollar pegged to […]
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages derivatives contracts to create a bitcoin-backed synthetic dollar pegged to […]