On March 14, the crypto lending protocol Templar Protocol announced the completion of a $4 million Pre-Seed funding round, which was led by Robot Ventures, Digital Asset Capital Management, Proximity Labs, Blackdragon Capital, NEAR Protocol, and several strategic angel investors.

Templar Protocol aims to build a decentralized crypto lending platform that does not rely on centralized institutions, supporting decentralized lending of Bitcoin and other digital assets. The team plans to launch the protocol in the second quarter of 2025 and intends to expand support for more assets, while also enhancing privacy features, including differential privacy and zero-knowledge proofs.