Satoshi Orderbook Saturn raises $500,000 in pre-seed funding round

Saturn, a non-custodial peer-to-peer order book for Satoshi, has successfully closed its pre-seed funding round, securing over $500,000 in investment, according to a press release sent to Bitcoin Magazine.

The latest round of funding took place under the leadership of venture capital firm Big Brain Holdings, with valuable participation from UTXO Management, Kelsier Ventures, BOOGLE Syndicate and various strategic web3 angel investors.

“We are honored to partner with such a prestigious company in the financial and technology sectors,” Saturn’s official X (Twitter) account said. “Their combined industry knowledge, expertise and network are essential to our mission. This investment does not simply represent financial support, but a shared belief in a Bitcoin-centric future and the role Saturn will play in shaping it. implements.”

The funding round supports Saturn’s mission to redefine what is possible within the Bitcoin space. These investments aim to foster the development of new infrastructure tailored to foster a seamless ecosystem for fungible tokens on the Bitcoin network.

“We see a future where Bitcoin can onboard millions of users to Bitcoin, providing a fungible token experience similar to the experience on Ethereum or Solana,” said Hex, founder of Saturn.

To learn more about Saturn and its future journey, interested parties can contact the company here.

Disclaimer: BTC Inc., the parent company of UTXO Management, is also the parent company of Bitcoin Magazine.