Bitcoin DeFi protocol Ordinox completes $1 million pre-seed funding, with participation from UTXO Management, etc.

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On June 21st, Bitcoin DeFi protocol Ordinox completed a $1 million pre-seed round of financing, with participation from UTXO Management, Digital Asset Capital Management, CMS Holdings, Sats Ventures, Hidden Street, and STS Digital. Angel investor Domo, founder of BRC20, also participated in this round of financing. It is reported that Ordinox provides DeFi services on Bitcoin based on native liquidity pool supported by Cosmos SDK.

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