Lambda Finance is a Bitcoin-ecosystem stablecoin project that is developing a self‑developed btcUSD stablecoin. The project aims to inject Bitcoin liquidity into the DeFi ecosystem via that btcUSD token. The company announced it had completed an $1.8M angel round on April 19, 2024. Participating investors named in the report include Curve founder Michael Egorov, Hashcow Group, 區塊先生, Threshold Network, DLC.Link, and AladdinDAO. The article does not disclose operating metrics or the intended use of proceeds. The financing was reported by DoNews (IT桔子).

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2024