BlockBeats News, January 20 — Saturn announced the completion of an $800,000 funding round, with participation from YZi Labs, Sora Ventures, and several well-known angel investors in the cryptocurrency field. The funds will be used to develop USDat, a stablecoin protocol supported by Bitcoin that offers an 11%+ yield.
Saturn stated that the returns are provided through Strategy perpetual preferred shares STRC, while also unlocking global on-chain digital credit access.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Why Didn't BTC Drop During Geopolitical Conflicts? Answers From Binance's Fund Structure and CVD
The article analyzes the relationship between Binance's BTC balance changes and market demand, indicating that the decrease in BTC balances in the short term is related to genuine demand, especially during the US-Iran conflict. The widening gap in spot trading volume suggests active buying activity, supporting the presence of real demand. Although short-term demand may stabilize BTC prices, the long-term trend still leans downward, and the process of demand recovery could be lengthy.
PANews5m ago
Germany's Long-Term Bitcoin Holdings Enjoy Tax-Free Advantages, Investor Interest Surges
Germany's long-term Bitcoin holding tax-exemption policy, which has been in effect since 2009 through 2026, encourages investors to hold for over one year to avoid capital gains tax. This policy reduces the tax burden and attracts global investors to build Bitcoin investment portfolios in Germany, driving market attention.
GateNews27m ago
Germany Offers Tax-Free Bitcoin Gains After 12 Months
Germany's longstanding rule allows Bitcoin holders to pay 0% capital gains tax if held for over a year, promoting long-term investment. Despite new EU transparency rules, this tax benefit remains a draw for investors.
Coinfomania32m ago
Bitcoin Supply Shock Imminent? Whale Holdings in Dormancy, Retail Selling Intensifies Price Volatility
The Bitcoin market is undergoing structural changes, with short-term holders selling off due to financial pressures, while long-term investors remain dormant, indicating potential supply shocks. Currently, Bitcoin is priced at $69,446, and although some holdings are at a loss, the stability of long-term holders could support the market. Analysts advise paying attention to on-chain indicators and whale activity to evaluate future price trends and liquidity risks.
GateNews37m ago
The risk of escalation in the U.S.-Iran conflict rises to 70%, with experts warning that Bitcoin may face a short-term crash
US-Iran conflict escalates, tensions may persist through May, oil prices break $95, global markets face risks. Bitcoin under short-term pressure, investor risk-aversion sentiment rises, focus on geopolitical risks and asset allocation strategies.
GateNews39m ago
Bitcoin Could Flip ‘Highly Volatile’ Tag as Bulls Eyes $80K by April
Bitcoin paused in choppy trading near the $70,000 mark as markets priced in geopolitical risk and shifting macro cues. After weeks of rangebound action, bulls are betting that a sustained push above the key level could unlock the next leg higher, while bears warn a breakdown remains a possibility if
CryptoBreaking45m ago
