Pioneering bitcoin wallet company Oyl has secured a $3 million pre-seed investment from a variety of investors, including UTXO Management and Domo, the creator of the BRC-20 token standard. The investment marks a noteworthy shift in cryptocurrency investment trends, with several Ethereum NFT funds making their first foray into a bitcoin-centric business.

Maelstrom

Flamingo Dao

Kanosei

Taproot Wizards Ceo Udi Wertheimer

Foresight Ventures

Domo

Utxo Management

Arca

Oyl is a Bitcoin OS and ordinals wallet built to enable a sustainable and trustless economy on Bitcoin. OYL is the platform that fully leverages the power of bitcoin for applications, transactions and on chain interactions like Bitcoin has never been utilized before.



https://www.oyl.io/

Cryptocurrency

Blockchain

Fintech

Financial Services

Brooklyn

Oyl raised $3 million in a pre-seed funding round led by Arca to support the launch of its bitcoin wallet app and developer tools.

Oyl raised $3 million in a pre-seed funding round led by Arca to support the launch of its bitcoin wallet app and developer tools.

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Oyl raised $3 million in a pre-seed funding round led by Arca to support the launch of its bitcoin wallet app and developer tools.

Investors

Description

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