Sovryn is a decentralized application allowing users to trade Bitcoin on Layer 2 in a permissionless, noncustodial, and censorship-resistant way. It allows users to leverage Bitcoin up to 5x, and earn interest, without sacrificing their security or privacy.
Member count: 11-50
Total raised: $15.4M
Founded date: 2020
Investors 6
| Date | Name | Website |
| - | Bollinger ... | bollinger.... |
| - | Greenfield... | greenfield... |
| - | Ellipti | ellipti.io |
| - | Twin Apex ... | twinapex.c... |
| - | Greenfield... | greenfield... |
| - | Cadenza Ve... | cadenza.vc |
Funding Rounds 2
| Date | Series | Amount | Investors | Deal News |
| 13.10.2022 | - | $5.4M | - | finsmes.co... |
| 24.03.2021 | - | $10M | - | coindesk.c... |
Mentions in press and media 17
| Date | Title | Description | Source |
| 21.02.2023 | IoV Labs launches RIF Flyover to streamline transfers betwee... | IoV Labs has released RIF Flyover, a new open-source protocol that enables seamless transfer of Bitc... | techstartu... |
| 13.10.2022 | Sovryn Raises $5.4M in Funding | Sovryn, a London, UK-based Bitcoin-native DeFi platform, raised $5.4M in funding. The round was led... | finsmes.co... |
| 10.10.2022 | Sovryn Secured Funds Led by General Catalyst | London, UK, Oct. 09, 2022 (GLOBE NEWSWIRE) -- Sovryn announced today that it has secured $5.4m in it... | einpresswi... |
| 24.03.2022 | Bitcoin Is Far More Than a New Form of Money | Although Bitcoin is commonly considered a new form of money, it is far more nuanced. Bitcoin is a m... | coindesk.c... |
| 21.10.2021 | Crypto analysts say Bitcoin run could continue up to Christm... | Bitcoin is set for a period of wild volatility before reaching record values by Christmas, experts b... | cityam.com... |
| 19.10.2021 | ‘Bitcoin Bankathon’ looks to find El Salvador’s financial fu... | Banco Hipotecario will be running the first Bitcoin Bankathon next month aimed at furthering El Salv... | cityam.com... |
| 15.09.2021 | Sovryn (SOV), a Bitcoin or BTC-Native App for Decentralized ... | AscendEX will be listing Sovryn (SOV) under the trading pairs SOV/USDT and SOV/BTC, beginning on Sep... | crowdfundi... |
| 14.04.2021 | DEFI TECHNOLOGIES INC. DeFi Technologies : Announces Co-Inv... | TORONTO, April 14, 2021 (GLOBE NEWSWIRE) -- DeFi Technologies Inc. (the “Company” or “DeFi Technolog... | marketscre... |
| 13.04.2021 | Pomp and a secretive whale lead big players flocking to Sovr... | Bitcoin-based decentralized finance protocol Sovryn, has agreed a $9M investment from a consortium o... | cityam.com... |
| 24.03.2021 | Bitcoin-Based DeFi Project Sovryn Near Agreement on $10M Inv... | Sovryn, a project that aims to bring decentralized finance (DeFi) to Bitcoin, is in the final stages... | coindesk.c... |
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