SatLayer Raises $8M in Pre-Seed Round Led by Hack VC and Castle Island Ventures

SatLayer, a Bitcoin restaking platform, has secured $8 million in a Pre-seed funding round. The funding was led by prominent investors Hack VC and Castle Island Ventures, with participation from other key players in the cryptocurrency industry such as Franklin Templeton and OKX Ventures. This significant investment signals a strong vote of confidence in SatLayer's unique approach to Bitcoin staking, making it a notable player in the ever-evolving world of cryptocurrency.