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Atomiq DeFi Secures $3 Million Seed Funding Led by X21 Digital


April 16, 2024


Atomiq DeFi, a decentralized finance (DeFi) platform, has secured $3 million in a seed funding round led by X21 Digital. This funding round also saw Spicy Capital, NXGen, Dutch Crypto Investors (DCI Capital), AlphaBit, and Altcoin Buzz participation. The investment follows a $1.5 million grant from Mintlayer’s Ecosystem Fund, positioning Atomiq DeFi as the first project incubated by Mintlayer.


Project

Latest Raise Date

Latest Raise

Stage

Total Raise

Lead Investor

Category

Atomiq DeFi

Apr 16, 2024

$3M

Seed

$4.5M

X21 Digital

DeFi

In addition to its technological developments, Atomiq DeFi has formed strategic alliances with other Bitcoin DeFi projects, including SatoshiSync, Portal, and OrdinalsBot. These partnerships aim to create a more integrated and cohesive Bitcoin DeFi ecosystem. The company’s advisory board includes notable figures such as Charlie Shrem, founder of the Bitcoin Foundation, and Lester Lim from X21 Digital. These advisors bring extensive experience and insights to the project, supporting its growth and development.


About Atomiq DeFi:

Atomiq DeFi is a decentralized finance platform built on the Mintlayer protocol. The platform offers a range of products designed to enhance the Bitcoin ecosystem, including a decentralized exchange (AtomiqDEX), a versatile wallet (AtomiqWallet), a project launchpad (AtomiqPad), and a bridging solution (AtomiqBridge). By leveraging atomic swaps, Atomiq DeFi aims to provide a decentralized, efficient, and secure environment for digital asset management and exchange. The company's mission is to unlock the full potential of Bitcoin within the broader DeFi ecosystem, promoting greater functionality and interoperability.


X Followers today: 34.6k


Investor: X21 Digital

Description: X21 Digital led the seed funding round, which included participation from Spicy Capital, NXGen, Dutch Crypto Investors (DCI Capital), AlphaBit, and Altcoin Buzz. These investors are recognized for supporting innovative projects in the blockchain and DeFi sectors.


Location:  Singapore 


A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.



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