San Francisco, United States
Saddle, founded in 2020 and headquartered in the United States, represents a cutting-edge solution in the world of blockchain and financial services. As an automated market maker (AMM), Saddle is crafted to facilitate the seamless trading of pegged value crypto assets, spearheading its journey with a tokenized bitcoin pool. This pool uniquely allows users to trade and provide liquidity for several bitcoin derivatives such as tBTC, WBTC, sBTC, and renBTC.
The company appeals to crypto enthusiasts and investors seeking streamlined operations in the blockchain sphere. By easing transactions between tokenized assets, Saddle sets the stage for enhanced liquidity and trading efficiency. This innovation aligns with the company’s slogan: "Saddle is the easiest way to trade and earn with pegged value crypto assets."
In its growth trajectory, Saddle has gathered considerable interest from notable investors. In a Series A funding round, held on November 11, 2021, it raised $7.50M with backing from esteemed entities such as eGirl Capital, Electric Capital, Polychain Capital, Galxe, Nascent, and Nalu Capital. This influx of capital underscores Saddle's potential to revolutionize crypto trading markets.
