OpenDelta is a digital currency provider whose flagship token, USDO, is designed to maintain a dollar peg by hedging users' deposited Bitcoin (BTC). USDO is scheduled to launch in May and will initially be available only to users on a closed test list. The company plans to introduce runes into other Bitcoin layers. OpenDelta completed a $2.5 million Pre-Seed financing round. The round was led by 6th Man Ventures. The article does not provide operating metrics such as revenue or user counts.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2024