Bitcoin eco-stablecoin project Aegis completes a $2 million Pre-Seed round of financing, led by Dewhales Capital
According to online reports, Bitcoin ecological stablecoin project Aegis announced that it has completed a US$2 million Pre-Seed round of financing, led by Dewhales Capital, Profluent Ventures and a group of angel investors participated. The new funds will be used to support its development of bitcoin-backed stablecoin YUSD, which remains stable by establishing Delta-neutral positions and selling BTC margin perpetual contracts equal to its Bitcoin exposure.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
