Aegis raised $2M in a pre-seed round led by Dewhales to develop a bitcoin-backed stablecoin independent from the fiat banking system.
Aegis raised $2M in a pre-seed round led by Dewhales to develop a bitcoin-backed stablecoin independent from the fiat banking system.
02/25/25, 11:08 PM
Location
tortola
Money raised
$2 million
Industry
cryptocurrency
lending
blockchain
fintech
finance
financial services
Round Type
pre-seed
Investors
Angel Investors, Profluent Ventures, Dewhales
Aegis has emerged from stealth with a $2 million fundraise focused on creating YUSD, a bitcoin-backed stablecoin. The funding was led by on-chain DAO Dewhales along with support from notable angel investors.
Company Info
Location
tortola, virgin islands, british
Additional Info
Aegis, led by a team of financial industry experts from leading investment and trading firms, develops web applications on the Ethereum blockchain that enable users to manage YUSD. YUSD is a Bitcoin-backed stablecoin with real-time transparency, built-in yield generation, and complete independence from the fiat banking system. Aegis is backed by Dewhales, Profluent Ventures, and other leading crypto investors.