According to Odaily, BTA Protocol has successfully raised $1.5 million in its Series A funding round. The round was led by Athena Ventures, with participation from RippleBank, CoinIX, Swiss Fund, Vessel Capital, Seed Club Ventures, Hulif Fund, Three M Capital, Faculty Capital, and CoinVisionary.
BTA Protocol is a decentralized ecosystem protocol based on Bitcoin (BTC). It offers a variety of applications, including staking, liquidity, range stability (RSP), launchpool, and lending protocols. This funding is expected to support the further development and expansion of BTA Protocol's decentralized financial services.