Saturn announces completion of $800,000 funding, with YZi Labs, Sora Ventures, and others participating

GateNews
BTC-0,81%

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.

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