Catenaa, Thursday, June 26, 2025-BitVault announced a $2 million pre-seed funding round from investors including GSR, Gemini, Auros, and Keyrock to launch its Bitcoin-backed stablecoin, bvUSD, and yield-bearing sbvUSD. The protocol will operate on Katana, a new DeFi-focused chain incubated by Polygon Labs and GSR. BitVault’s stablecoins are collateralized by Bitcoin derivatives, offering an institutional-grade […]