bitSmiley

📍 Singapore, Singapore🗓 Founded 2023👥 8 employees💰 Last funded Oct 2024
Blockchain Services🌐 bitsmiley.io
Website LinkedIn
bitSmiley is a Bitcoin-native Defi project co-invested by OKX Venture and ABCDE. As the first stablecoin project in the BTC DeFi ecosystem, bitSmiley has innovated in both application design and protocol layers. Its groundbreaking Fintegra framework comprises three main components: a decentralized overcollateralized stablecoin protocol, a native trustless lending protocol, and the on-chain derivatives protocol. bitSmiley will initially introduce bitUSD, a native overcollateralized stablecoin on the Bitcoin blockchain, addressing the lack of stable price-pegging tools. Users can generate bitUSD by overcollateralizing their BTC, allowing participation in all BTC blockchain DeFi protocols. Each bitUSD is backed by overcollateralized BTC, ensuring stability and user asset security through a robust liquidation and repayment system. Explore the bitSmiley universe and stay connected: Official: https://www.bitsmiley.io/ Twitter: https://x.com/bitsmiley_labs Discord: https://discord.com/invite/k5HZdrM2kn Medium: https://medium.com/@bitsmiley_labs
4
Total investors
4
Early stage
0
Mid stage
0
Late stage
2023
Founded

Investors

4 investors
All
Early stage
Mid stage
Late stage
Investor geography2 countries
United States
3
China
1
Investor activity2023–2024 · investors recorded per year
2023220242
Recent (last 2y)Earlier
Frequently asked questions
Who invested in bitSmiley?
bitSmiley has 4 investors on record on gritt.io, including 4 early-stage backers.
When did bitSmiley last raise funding?
The most recent investment in bitSmiley recorded on gritt.io was in October 2024.
When was bitSmiley founded?
bitSmiley was founded in 2023.
What industry is bitSmiley in?
bitSmiley operates in Blockchain Services. Find similar Blockchain Services investors on gritt.io.
Where is bitSmiley based?
bitSmiley is headquartered in Singapore, Singapore.