Bitcoin DeFi aggregation protocol Sats Terminal completes $1.7 million Pre Series funding round, led by Coinbase Ventures and others

According to The Block, Bitcoin DeFi aggregation protocol Sats Terminal has completed a $1.7 million Pre Seed round of funding, led by Coinbase Ventures and Draper Associates, Draper Dragon、BitcoinFi Accelerator、UTXO Management、Core Chain Ventures、Sats Ventures、Delta Blockchain Fund、Tenzor Capital Participated with 3Commas Capital and a group of angel investors. The new funds will be used to expand its platform. By providing DEX, cross chain bridges, and revenue aggregation within the Bitcoin ecosystem, Sats Terminal will leverage this financing to further develop its infrastructure. It is reported that the core of Sats Terminal is to aggregate major Bitcoin DeFi protocols, allowing users to obtain the best staking returns, the most competitive token exchange rates, and seamless bridging options through a single interface.