BlockBeats News, January 20 — Saturn announced the completion of an $800,000 funding round, with participation from YZi Labs, Sora Ventures, and several well-known angel investors in the cryptocurrency field. The funds will be used to develop USDat, a stablecoin protocol supported by Bitcoin that offers an 11%+ yield.
Saturn stated that the returns are provided through Strategy perpetual preferred shares STRC, while also unlocking global on-chain digital credit access.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Morgan Stanley Eyes Dominance in Bitcoin ETFs as Its Low Fee Undercuts Blackrock’s IBIT
Morgan Stanley’s low-fee bitcoin ETF filing challenges Blackrock’s dominance and signals intensifying price competition, with adviser-driven distribution poised to influence flows and reshape the balance of power among spot ETF issuers.
Morgan Stanley Undercuts Blackrock With Low-Fee Bitcoin ETF F
Coinpedia22m ago
Why bitcoin's 'compressed' valuation offers reduced downside risk versus stocks
Bitwise suggests Bitcoin has priced in tighter monetary policy impacts, while stocks remain vulnerable to macroeconomic shocks. Rising energy prices pressure inflation, affecting Fed rate cut expectations. Bitcoin, already adjusting to risk appetites, shows resilience compared to falling equities.
CoinDesk57m ago
Saylor Makes Bold STRC Call: What’s Next for Bitcoin?
_Strategy CEO Phong Le says 80% of STRC holders are retail investors, driven by lower volatility and yield demand._
_Michael Saylor calls STRC a top global dividend stock as data shows its yield outperforming major competitors._
_STRC gains attention among income investors as preferred stoc
LiveBTCNews1h ago
