WhatsApp-based encrypted payment platform Sati completes $600,000 Pre-Seed round of financing

Sati, an encrypted payment platform based on WhatsApp, announced the completion of a $600,000 Pre-Seed round of financing, with participation from BitcoinFi Accelerator, Arcanum Capital, Draper Associates, Boost VC, and other investors. The new funds will support its integration of Bitcoin into the WhatsApp instant messaging application ecosystem, as well as cross-border trading services based on USDC and USDT stablecoins.

Comments

All Comments

Recommended for you

Coindesk ·

Strategy Raises $711M to Buy More Bitcoin in Upsized STRF Perpetual Offering

This is the initial sale of the company's Perpetual Strife Preferred Stock.
Yashu Gola ·

Is Bitcoin going to $65K? Traders explain why they're still bearish

Bitcoin is paring recent losses but still struggles to sustain its uptrend, leading some analysts to predict another drop to as low as $65,000.
Sam Bourgi ·

Gov’t can realize gains on gold certificates to buy Bitcoin: Bo Hines

“If it’s budget neutral and doesn’t cost the taxpayer a dime, we’ll see whatever creative ideas we can come up with,” said Hines.
Digital asset high-frequency trading company ABEX completes new round of financing of US$6 million

ABEX, a digital asset high-frequency trading company based in London, United Kingdom, announced the completion of a $6 million financing round, led by MMC Ventures. The new funds are intended to be used for the launch of derivative trading and algorithmic execution solutions to improve the transaction execution efficiency of centralized and decentralized financial venues. It is reported that the company is registered with the Financial Conduct Authority (FCA) in the United Kingdom, allowing it to engage in cryptocurrency trading activities.
StephenKatte ·

Australia outlines crypto regulation plan, promises action on debanking

The Albanese-led government intends to release draft legislation in 2025 for public consultation and promised to work with Australia’s four largest banks to better understand de-banking.
William Suberg ·

Here’s why Bitcoin price can’t go higher than $87.5K

Bitcoin is seeing classic manipulatory whale moves on Binance, analysis warns, with BTC price upside capped below $90,000 as a result of liquidity massaging.
BRAYDEN LINDREA ·

44% are bullish over crypto AI token prices: CoinGecko survey

Crypto and AI use cases have continued to improve and are seeing more widespread adoption, said a CoinGecko research analyst.
Vincent Tabora ·

Crypto regulation must go through Congress for lasting change — Wiley Nickel

Executive orders can be repealed by future US presidential administrations just as quickly and easily as they were established.
cointelegraph ·

Inside ‘eccentric’ Ripple founder’s multibillion-dollar space station plan

Mt. Gox and Ripple co-founder Jed McCaleb is looking to send his company Vast’s commercial space station “Haven-1” into orbit and win a NASA contract in 2026.
Coindesk ·

Bad news Bitcoin bulls, the long-hoped-for retail is already here: CryptoQuant

Bitcoiners waiting for retail to show up might be missing the obvious — it’s already here, a crypto executive says.