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Sovryn logo — Experience seamless Bitcoin-based decentralized trading and...

Sovryn

Experience seamless Bitcoin-based decentralized trading and lending, built on RSK and governed by the community.

Founded 2020 11-50 employees Venture round Total: $7.50M Crypto, Finance +2

General Information

Company Name Sovryn
Founded Year 2020
Employees 11-50
Industries Crypto, Finance, Financial Services +1
Funding Stage Venture round
Social

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About Sovryn

Sovryn is a Bitcoin-based decentralized trading and lending platform, founded in 2020. Its slogan, "Experience seamless Bitcoin-based decentralized trading and lending, built on RSK and governed by the community," encapsulates its vision. Sovryn operates within the Finance, Financial Services, and Trading Platform industries. The platform is developed on RSK, a side chain of the Bitcoin blockchain, powered by merge-mining, and is governed by the community. The latest investment in Sovryn was a significant $5.40M Venture Round secured on 09 October 2022. The investment came from a diverse group of General Catalyst, Collider Ventures, Bollinger Investment Group, Bering Waters Ventures, and Balaji Srinivasan. As Sovryn continues to make waves in the cryptocurrency space, this recent investment is a testament to its potential and the confidence it has garnered from notable investors.

Business keywords: Bitcoin-based, decentralized trading, lending platform, RSK, side chain, merge-mining, governed by the community

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $5.40M 6
General Catalyst Collider Ventures Bollinger Investment Group
General Catalyst, Collider Ventures +4
09 Oct 2022
Seed Round $2.10M 3
Greenfield One Collider Ventures Monday Capital
Greenfield One, Collider Ventures +1
15 Dec 2020

Sovryn Alternatives & Competitors

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FAQ About Sovryn

Experience seamless Bitcoin-based decentralized trading and lending, built on RSK and governed by the community.
Sovryn was founded in 2020.
Sovryn operates in Crypto, Finance, Financial Services and Trading Platform. Its work centres on Bitcoin-based, decentralized trading, lending platform and RSK.
Sovryn has approximately 11-50 employees.
Sovryn has completed 2 funding rounds, raising a total of $7.50M. The latest funding stage is Venture round.
Top alternatives and competitors to Sovryn include Hodl Hodl, Atomic Loans, Algofi, Unocoin: Crypto ka Super App, Bitcoin Mandates Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sovryn and Hodl Hodl 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 Sovryn, https://bouncewatch.com/company/sovryn, updated 2 December 2024. When citing, please name BounceWatch and link this page.

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