DLC.Link

DLC.Link

Although Bitcoin is the largest digital asset, it cannot be used in DeFi directly. To earn yield on their Bitcoin, users must first transfer it to a custodian or a bridge. Custodian failures and bridge hacks, however, have led to over $140Bn in losses to date.DLC.link implements an MIT invention that makes it easy for app developers to integrate native Bitcoin. Their platform trustlessly locks Bitcoin on-chain, from where it can be controlled by Ethereum and other smart… Although Bitcoin is the largest digital asset, it cannot be used in DeFi directly. To earn yield on their Bitcoin, users must first transfer it to a custodian or a bridge. Custodian failures and bridge hacks, however, have led to over $140Bn in losses to date.DLC.link implements an MIT invention that makes it easy for app developers to integrate native Bitcoin. Their platform trustlessly locks Bitcoin on-chain, from where it can be controlled by Ethereum and other smart contracts.We're backed by Chainlink, Sequoia Scout as well as notable Bitcoin and DeFi investment funds.

Key Info

  • 2021 Founded2021 Founded
  • 876K Total Funding Raised876K Total Funding Raised
  • New York, New York, USANew York, New York, USA
  • 6 Employees6 Employees
  • LinkedIn•••••••••
    Lock Closed
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    Lock Closed

Credibility

Github Verified
LinkedIn Verified
LinkedIn Verified

News

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Activity Timeline

Team

Investments

Round
Amount Raised
Date
Investors
Venture Round
May 09, 2024
Venture Round
May 09, 2024
Venture Round
Mar 14, 2024
Seed
Raised $2,000,000
Oct 02, 2023
Pre-seed
Raised $1,100,000
Jun 15, 2022

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