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DLC.Link - Undisclosed
Overview
Funding Date
March 14, 2024
Financing amount
--
Valuation
--
Category
About DLC.Link - Undisclosed
OKX Ventures, the investment arm of OKX, the world's leading cryptocurrency exchange and Web3 technology company, is proud to announce its investment in DLC.Link, the first native Bitcoin cross-chain protocol that leverages Discreet Log Contracts (DLCs) to enable Bitcoin to be used in DeFi protocols while being held in self-custody wallets.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Corporate | Hong Kong | 2017 | 157 | [email protected] |
Company Profile / Project Introduction
DLC.Link harnesses the power of Discreet Log Contracts (DLCs) to establish a trustless bridge between Bitcoin and Ethereum. This spring, DLC.Link will launch dlcBTC, enabling depositors to self-wrap their Bitcoin for DeFi on Ethereum while retaining full custody of their assets. This innovation transforms Bitcoin's role in DeFi, empowering depositors to engage in trading, lending, and hedging while maintaining self-sovereignty.