Bitcoin Ecosystem Lending Protocol Templar Protocol Completes $4 Million Pre-Seed Round of Financing

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Foresight News
2 days ago
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Foresight News reported that Templar Protocol, a decentralized on-chain lending protocol based on Bitcoin, announced the completion of a $4 million Pre-Seed funding round, with investments from Robot Ventures, Digital Asset Capital Management, Proximity Labs, Blackdragon Capital, and NEAR Protocol.

The Templar lending protocol uses multi-party computation (MPC) networks and open-source smart contracts built on NEAR to ensure that borrowers have full control over their collateral without the need for a trusted third party (TTP).

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