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Cryptocurrency News Articles

Sats Terminal, a Bitcoin-native Decentralized Finance (DeFi) Aggregation Protocol, Has Raised $1.7 Million in Pre-seed Funding

Apr 09, 2025 at 05:45 am

The funding round, announced April 8, was co-led by Coinbase Ventures and Draper Associates, with participation from Draper Dragon, BitcoinFi Accelerator, and others.

Sats Terminal, a Bitcoin-native Decentralized Finance (DeFi) Aggregation Protocol, Has Raised $1.7 Million in Pre-seed Funding

Sats Terminal, a Bitcoin-native decentralized finance (DeFi) aggregation protocol, has raised $1.7 million in pre-seed funding to streamline fragmented services across the Bitcoin ecosystem.

The funding round was co-led by Coinbase Ventures and Draper Associates, with participation from Draper Dragon, BitcoinFi Accelerator, and angels including Paul Taylor and Franklin Bi.

Announced April 8, the round will enable expanded integrations, improved order-splitting algorithms, and auto-compounding yield features.

The protocol aims to consolidate decentralized exchanges, bridges, and yield protocols into a single interface, simplifying user access and reducing technical barriers for activities such as staking and token swaps.

Investors noted the platform’s potential to address ecosystem fragmentation.

“We are excited to support Sats Terminal's vision of a more interconnected and accessible Bitcoin ecosystem,” said Draper. “By aggregating liquidity and streamlining services, Sats Terminal can unleash Bitcoin’s true power.”

Founded by Stanislav Havryliuk and Rishabh Java, Sats Terminal is compatible with major Bitcoin wallets and hardware wallets.

The protocol is already integrated with Runes projects DOG and BILLY, and is live on Liquidium, Xverse, and Runes.com. These partnerships aim to drive liquidity and user engagement across partner networks.

“We are focused on keeping Bitcoin decentralized, secure, and miner-profitable,” said Java.

The team plans to develop infrastructure for routing and trading to optimize transaction rates and ensure the protocol remains decentralized and community-owned.

Sats Terminal joins a growing list of Bitcoin-focused projects attracting institutional backing as interest in non-Ethereum DeFi tools increases.

Coinbase Ventures has previously invested in crypto firms such as d'ArSonval and Magic Eden, while Draper Associates has invested in companies such as SpaceX and Tesla.

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Other articles published on Apr 18, 2025