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Bitcoin-backed stablecoin developer Hermetica has successfully raised $1.7 million in seed funding on October 16. The funding round aims to accelerate the development and accessibility of Hermetica's Bitcoin-backed stablecoin, USDh. This accelerates our mission to make USDh accessible to all. Hermetica's mission is to fill the gap in the market for BTC-native stablecoins, which are currently underrepresented.
USDH Gains Momentum as Hermetica Raises $1.7 Million in Seed Funding https://t.co/GpUPjGvKkc
Blockchain data-availability project @HyveDA_xyz, secured by @symbioticfi, closes $1.85M pre-seed round PLUS updates from @conduitxyz @dynexcoin @Chiliz @HermeticaFi @Aleph__Zero @Exponential_Sci @saakuru_labs ā in Protocol Village by @liqquidity https://t.co/3euxKA7wet
Hermetica Raises $1.7M in Seed Round to Fuel Stablecoin Expansion https://t.co/GpUPjGvKkc