DLC.link

About

DLC.link enables developers to use native Bitcoin in their DeFi applications

Budapest,Budapest,Hungary
1 - 10
https://www.dlc.link/

Highlights

Details

Last Funding Type: Pre-seed
Last Funding Money Raised: $826K
Industries: Cryptocurrency
Founded date: Oct 1, 2021
Number Of Employee: 1 - 10
Operating Status: Active
Legal Name: DLC-Link, Inc.

Bitcoin has proven itself as a store of value. But to earn yield on their Bitcoin, users have to first send it to a centralized custodian. This is extremely risky, as over $40Bn has been lost to date due to custodial hacks and failures.

The DLC.link platform lets users lock their Bitcoin in escrow, directly in their wallet. Users can supply their Bitcoin as collateral and earn a yield while maintaining full ownership.

Currently only 2% of Bitcoin is utilized. Escrow will unlock the remaining 98%, making over $1 Trillion in Bitcoin liquidity available for lending on Ethereum and other blockchains.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

1

$826K

DLC.link has raised a total of $826K in funding over 2 rounds. Their latest funding was raised on Jun 15, 2022 from a Pre-seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 15, 2022	Pre-seed	$826K	8	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

—

8

DLC.link is funded by 8 investors. Chainlink and Charlie Songhurst are the most recent investors.

Investor Name	Lead Investor	Funding Round
Chainlink	—	Pre-seed
Charlie Songhurst	—	Pre-seed
DeSpread	—	Pre-seed
Gossamer Capital	—	Pre-seed
SBX Capital	—	Pre-seed
Stacks	—	Pre-seed
Stacks Accelerator	—	Pre-seed
Trevor Owens	—	Pre-seed