Bitcoin-based decentralized blockchain lending protocol Templar Protocol completes $4 million Pre-Seed round of funding

Templar Protocol, a decentralized on-chain lending protocol based on Bitcoin, completed a $4 million Pre-Seed round of financing, with participation from Robot Ventures, Digital Asset Capital Management, Proximity Labs, Blackdragon Capital, NEAR Protocol, and others. The new funds will support its construction of multi-party computing (MPC) networks and open-source smart contracts to support borrowing in US dollars (through stablecoins) using Bitcoin or other assets.