Oyl is building a Bitcoin Ordinals wallet designed to support in-wallet trading of Ordinals. The platform is set to roll out in the coming weeks and aims to be the first to offer native in-wallet trading for Ordinals. Oyl focuses on bringing NFT-like functionality and DeFi primitives to the Bitcoin ecosystem via the Ordinals Protocol. The Ordinals Protocol lets users mint tokens by embedding data into small Bitcoin transactions, enabling tradable assets on Bitcoin. Oyl has raised $3 million in pre-seed funding to support its launch and early operations. Multiple Ethereum NFT funds participating in the round signal cross-chain interest from NFT investors in Bitcoin-focused infrastructure.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2024