Ordibank completed its Seed Round Fundraising on 2024-02-16.
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According to media reports, Ordibank completed its Seed Round Fundraising on 2024-02-16. the investors in this funding round include Morningstar Ventures,GenBlock Capital,Momentum 6,Coin Terminal,AlfaDAO,X Ventures,Alpha Horizon Capital and others.
Ordibank, a groundbreaking protocol built on Bitcoin L1 that leverages the logic of Compound Finance in an off-chain balance state processing environment. Heralding the BTCFI ecosystem as the first of its kind Borrowing & Lending Protocol on native Bitcoin. Ordibank combines the robustness of Bitcoin nodes via Bitcoin Core v25.1 and ord v0.14 and the virtualized smart contract logic and off-chain balance states to create a unique money market for Atomicals and BRC20 standards.
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ORBK Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| Seed Round | -- | -- | 2024-02-16 | Morningstar Ventures,GenBlock Capital,Momentum 6,Coin Terminal,AlfaDAO,X Ventures,Alpha Horizon Capital |
Key Milestones
- 2024-02-17Ordibank completed a Seed round
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