# DeFi.Gold

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/defi-gold

- Industry: Financial Services
- Headquarters: Toronto, Canada
- Website: www.defi.gold
- Total disclosed funding: $2.2M
- Latest round: Seed (Sep 6, 2024)
- Investors on record: 6

## About

Based in Toronto, Canada, DG Labs Ltd. trading under the name DeFi.Gold operates as a provider of a decentralized finance platform that offers financial services through blockchain technology. In September 2024, DeFi.Gold raised USD 2.22 million in seed funding co-led by Bluesphere Ventures and Orthogonal Thinker, with participation from Cypher Capital, Blox Media Group, Andromeda Protocols, Coach K, Elevate, RLR Fund, The Dude, Elevate Capital, Parker Place, etc.

DeFi.Gold is a decentralized exchange (DEX) and NFT marketplace built on the Bitcoin blockchain. The firm supports Taproot, RGB, and Rune-based tokens, offering non-custodial trading for NFTs, DAOs, tokens, and derivatives. The platform integrates Bitcoin web wallets and supports the Lightning Network for efficient transactions. The platform also provides a launchpad for project funding, enabling creators to sell tokens to the community using a quadratic bonding curve for fair pricing and liquidity. 

The company intends to use the September 2024 funding for the development of its platform.

## Funding rounds

- Seed, Sep 6, 2024, $2.2M — Elevate Capital, Cypher Capital, Orthogonal Thinker, Bluesphere Carbon, Blox Media Group, Andromeda

## Investors

- Elevate Capital (https://capitalatlas.ai/funds/elevate-capital) — Seed
- Cypher Capital (https://capitalatlas.ai/funds/cypher-capital) — Seed
- Orthogonal Thinker (https://capitalatlas.ai/funds/orthogonal-thinker) — Seed
- Bluesphere Carbon — Seed
- Blox Media Group — Seed
- Andromeda — Seed