BitSmiley completed its Strategic Fundraising on 2024-03-03.

SMILE
SMILE
-0.63%
According to media reports, BitSmiley completed its Strategic Fundraising on 2024-03-03. the investors in this funding round include Kucoin Ventures,Cryptogram Venture,Skyland Ventures,SatoshiLab and others. Following this round, BitSmiley's total funding reached $10 M.
bitSmiley is a Bitcoin-native Defi project that has innovated in both application design and protocol layers. Its groundbreaking Fintegra framework comprises three main components: a decentralized overcollateralized stablecoin protocol, a native trustless lending protocol, and the on-chain derivatives protocol. bitSmiley will initially introduce bitUSD, a native overcollateralized stablecoin on the Bitcoin blockchain, addressing the lack of stable price-pegging tools. Users can generate bitUSD by overcollateralizing their BTC, allowing participation in all BTC blockchain DeFi protocols. Each bitUSD is backed by overcollateralized BTC, ensuring stability and user asset security through a robust liquidation and repayment system.

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SMILE Fundraising History
RoundAmountValuationTimeInvestor(s)
Strategic----2024-03-03Kucoin Ventures,Cryptogram Venture,Skyland Ventures,SatoshiLab
Key Milestones
  • 2024-11-06
    $SMILE was live for trading
  • 2024-10-28
    BitSmiley raised $ 10 M in funding round
  • 2024-03-04
    BitSmiley completed a strategic financing
  • 2023-12-14
    BitSmiley completed a new funding round
24-Hour High
$0.01452
24-Hour Volume
$26.80K
All-Time High
$0.8
All-Time Low
$0.00932
Market Cap / FDV
12.76%
FDV
$2.29M
24-Hour Low
$0.00932
Market Cap
$2.29M
Circulating Supply
26.80M SMILE
Total Supply
210.00M SMILE
Max Supply
210.00M SMILE
Market Sentiment
Positive
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