March 6, 2025
Sati has raised $600,000 in a pre-seed funding round to develop Bitcoin payment functionality within WhatsApp. The round saw participation from investors Tim Draper and Ricardo Salinas, both known for their involvement in Bitcoin-related ventures.
The company is working to integrate Bitcoin transactions into the messaging app, leveraging the Lightning Network to facilitate payments. The objective is to enable WhatsApp users to send and receive Bitcoin directly through chat, reducing friction in cryptocurrency transactions. With this funding, Sati plans to advance its technical development and expand accessibility.
About Sati
Sati is a Bitcoin payment solution designed for WhatsApp, allowing users to conduct transactions within the messaging platform. The service utilizes the Lightning Network to process payments efficiently, aiming to streamline Bitcoin transfers for a broader audience.
Website: https://www.sati.pro/
X: @HolaSati
About Investors
Tim Draper is the founder of Draper Associates, a venture capital firm with investments in various technology and blockchain startups. He has been an advocate for Bitcoin and decentralized finance.
Location: Menlo Park, CA
Website: https://www.draper.vc/
Ricardo Salinas is the chairman of Grupo Salinas and an active proponent of Bitcoin adoption. His investment interests include financial technology and digital assets.
Location: Mexico City
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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