Fiat currencies
Crypto Currencies
No results for ""
We couldn't find anything matching your search.Try again with a different term.
Aegis - Pre-Seed
Overview
Funding Date
February 26, 2025
Financing amount
$2M
Valuation
--
Category
Subcategory
About Aegis - Pre-Seed
Aegis, a Tortola, British Virgin Islands-based startup developing a bitcoin-backed stablecoin independent from the fiat banking system, raised $2M in Pre-Seed funding. The round was led by Dewhales and supported by Profluent Ventures and angel investors.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Unknown | 2023 | 18 | [email protected] | ||
| Fund | -- | -- | 4 | -- |
Company Profile / Project Introduction
Aegis is a stablecoin platform backed by Bitcoin. Its YUSD is completely independent of the fiat banking system and is designed to protect savings from fiat hyperinflation. Aegis effectively profits from funding fees by performing funding rate arbitrage through delta-neutral trading in the spot and perpetual contract markets. Aegis will also provide an easy-to-use platform through a partnership with Riverside Hedge to enable people to access DeFi and achieve instant liquidity of funds.