BitVault Raises $2M for BTC-Backed Stablecoin Launch

June 26, 2025

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 […]

Veda Raises $18M to Simplify DeFi for Institutions and Users

June 29, 2025

Catenaa, Sunday, June 29, 2025- Decentralized finance infrastructure firm Veda has raised $18 million in a funding round led by CoinFund, with participation from Coinbase Ventures, GSR, Animoca Ventures, and others, to scale its universal DeFi vault platform aimed at mainstream adoption. The platform enables apps, protocols, and institutions to offer yield-bearing products without exposing […]