BlockBeats News, March 14th, the encrypted lending protocol Templar Protocol announced the completion of a $4 million Pre-Seed round of financing. This round of financing was led by Robot Ventures, Digital Asset Capital Management, Proximity Labs, Blackdragon Capital, NEAR Protocol, and several strategic angel investors.
Templar Protocol aims to build a decentralized encrypted lending platform that does not rely on centralized institutions, supporting decentralized lending for Bitcoin and other digital assets. The team plans to launch the protocol in the second quarter of 2025 and intends to expand support to more assets while enhancing privacy features, including technologies such as differential privacy and zero-knowledge proofs.
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