December 6, 2024
Torram, a company focused on decentralized finance (DeFi) solutions on Bitcoin, has secured strategic backing from Blockchain Founders Fund (BFF), an established investor in blockchain and Web3 projects. This partnership supports Torram’s development of institutional-grade infrastructure for DeFi applications on the Bitcoin network. The collaboration seeks to enhance Bitcoin's integration with institutional finance by connecting traditional finance (TradFi) with decentralized solutions.
Torram is focused on building secure, scalable infrastructure to expand capabilities within the Bitcoin ecosystem. The company plans to utilize decentralized oracle networks and on-chain data indexing to create an environment conducive to institutional finance. Torram’s tools aim to unlock Bitcoin's potential, accessing $880 billion of global liquidity and providing security and transparency for financial institutions.
Blockchain Founders Fund, based in Toronto, has supported numerous blockchain ventures. BFF’s investment brings not only funding but also access to a network and expertise beneficial to Torram’s team. Through this alignment, Torram is positioned to redefine institutional DeFi, setting new standards for Bitcoin’s use in large-scale financial applications. As demand for decentralized financial systems rises, Torram's approach is attracting interest from investors and institutions seeking advancements in fintech.
About Torram
Torram is focused on developing infrastructure to enable institutional-grade decentralized finance (DeFi) natively on Bitcoin. The company utilizes decentralized oracle networks and on-chain data indexing to provide secure financial solutions to institutions. Torram aims to position Bitcoin as the preferred network for institutional-grade DeFi applications by leveraging Bitcoin’s security, transparency, and liquidity.
Website: https://torram.xyz/
X:@torram_xyz
About Investor Blockchain Founders Fund
Blockchain Founders Fund (BFF) is a venture capital firm that supports blockchain technology and Web3 adoption. BFF provides capital, mentorship, and strategic insights to blockchain startups. BFF's portfolio includes a range of blockchain projects, demonstrating its focus on decentralized innovation.
Location: Singapore Website: https://blockchainff.com/
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