According to Foresight News, the BEVM stablecoin CDP protocol, Satoshi Protocol, has completed its seed funding round. The specific amount raised has not been disclosed. The round was jointly led by Web3Port Foundation and Waterdrip Venture, with participation from BEVM, Cogitent Ventures, Statoshi Lab, MH Venture, Movebit, and Supremacy.
The testnet activities have concluded, and the team is now prepared for the mainnet launch. The funding will support the development and expansion of the BEVM ecosystem and the Satoshi Protocol.