Decentralized margin trading platform Sovryn has launched Bitcoin on its protocol. On the 15th of December, the newly-launched trading and lending platform announced that users can now begin to trade BTC. Also, the Sovryn team added that the protocol would soon launch its decentralized governance platform. Sovryn is planning to launch the governance platform later in December.
Notably, Sovryn recently secured $2.1 million in a financing round led by Greenfield One. Other participants in the investment round are Collider Ventures and Monday Capital. Also, Collider Labs and BlockVenture contributed initial capital and support to Sovryn.
In the announcement, Sovryn community founder, Edan Yago, said:
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