bitSmiley logo — bitSmiley is a Bitcoin-native Defi project co-invested by OK...

bitSmiley

bitSmiley is a Bitcoin-native Defi project co-invested by OKX Venture and ABCDE.

Founded 2023 Singapore Singapore 8 employees ICO Blockchain, Crypto

General Information

Company Name bitSmiley
Founded Year 2023
Location Singapore Singapore
Employees 8
Industries Blockchain, Crypto
Funding Stage ICO
Social

BounceWatch is an independent company data service, not affiliated with bitSmiley. To contact bitSmiley, visit bitsmiley.io.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

How does bitSmiley compare?

A PDF of bitSmiley and up to 10 competitors you pick: team, funding, traffic and every dated move of the last 90 days. Each company is re-checked on the day you order, so it is current.

See a sample report

This takes a few seconds: we look beyond our own index too.

Meeting bitSmiley soon?

A one-page PDF brief: what it does, key facts, the last 90 days of dated moves and questions worth asking. Re-checked on the day you order. See a sample

About bitSmiley

bitSmiley is a Bitcoin-native Defi project co-invested by OKX Venture and ABCDE. As the first stablecoin project in the BTC DeFi ecosystem, bitSmiley has innovated in both application design and protocol layers. Its groundbreaking Fintegra framework comprises three main components: a decentralized overcollateralized stablecoin protocol, a native trustless lending protocol, and the on-chain derivatives protocol. bitSmiley will initially introduce bitUSD, a native overcollateralized stablecoin on the Bitcoin blockchain, addressing the lack of stable price-pegging tools. Users can generate bitUSD by overcollateralizing their BTC, allowing participation in all BTC blockchain DeFi protocols. Each bitUSD is backed by overcollateralized BTC, ensuring stability and user asset security through a robust liquidation and repayment system. The startup was founded in 2023 and is headquartered in Singapore. The latest investment was an Initial Coin Offering which occurred on 28 January 2024. The investors included Blockchain Founders Fund, ArkStream Capital, Foresight Ventures, Waterdrip Capital, MTCapital, Silvermine Capital Advisors, Aegis Ventures, OKX Ventures, 7updao, and George Burke. For more information, interested parties can explore the bitSmiley universe and stay connected through their official website, Twitter, Discord, and Medium profiles.

Business keywords: Bitcoin-native Defi, stablecoin protocol, trustless lending protocol, on-chain derivatives protocol, Fintegra framework, overcollateralized stablecoin, BTC DeFi ecosystem, cryptocurrency, blockchain protocol, decentralized finance, Bitcoin ecosystem, digital assets, crypto lending, protocol innovation

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
ICO Undisclosed 10
Blockchain Founders Fund, ArkStream Capital +8
28 Jan 2024

bitSmiley Alternatives & Competitors

View All Alternatives
bitSmiley vs

The first Bitcoin Finance Network, powered by the Bitcoin-backed stablecoin satUSD

Seed
5 employees
Blockchain, Crypto
bitSmiley vs

Experience seamless, trustless lending with decentralized, cross-chain debt agreements powered by Bi...

Seed
2-10 employees
Blockchain, Crypto
bitSmiley vs

Powering ₿itcoin On-Chain Capital Markets.

2 employees
Blockchain, Crypto

FAQ About bitSmiley

bitSmiley is a Bitcoin-native Defi project co-invested by OKX Venture and ABCDE.
bitSmiley was founded in 2023.
bitSmiley is headquartered in Singapore.
bitSmiley operates in Blockchain and Crypto. Its work centres on Bitcoin-native Defi, stablecoin protocol, trustless lending protocol and on-chain derivatives protocol.
bitSmiley has approximately 8 employees.
bitSmiley has completed 1 funding round. The latest funding stage is ICO.
Top alternatives and competitors to bitSmiley include Satoshi Protocol, Atomic Loans, Avalon Labs - Digital Assets, Save (formerly Solend), Assetra. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
bitSmiley and Satoshi Protocol are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for bitSmiley, https://bouncewatch.com/company/bitsmiley, updated 26 December 2024. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Book a demo 30 minutes