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Hermetica Raises $1.7M in Seed Round to Fuel Stablecoin Expansion

October 17, 2024
in Bitcoin
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Hermetica Raises .7M in Seed Round to Fuel Stablecoin Expansion
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Hermetica, the creator of USDH, a Bitcoin-backed, yield-bearing synthetic dollar, has secured $1.7 million in seed funding. The round, led by UTXO Management, will accelerate the development of USDH, a stablecoin that operates on Bitcoin’s layer one (L1) and layer two (L2) networks. USDH Gains Momentum as Hermetica Raises $1.7 Million in Seed Funding According […]
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