PANews reported on October 28 that BTC native stablecoin protocol bitSmiley.io announced the completion of a second round of financing of US$10 million. This round of financing was participated by institutions including MH Ventures, Veris Ventures, Side Door Ventures, KuCoin Ventures, Pragma, NewTribe Capital, Kinetic Kollective, Perlon Capital, IBC, GuildQB, NxGen, Dutch Crypto Investors, Aegis Ventures, ZC, Skyland Ventures and Cypher Capital. This financing will promote bitSmiley's innovation and development in the field of Bitcoin-supported DeFi. bitSmiley.io plans to expand its cross-chain transactions and BTCFi infrastructure by cooperating with platforms such as ZetaChain and Babylon.
Last year, bitSmiley completed its first round of financing, led by OKX Ventures and ABCDE .
