Tap Protocol is a protocol that extends the functionality of OrdFi by providing secure value locking on Bitcoin. As well as the transformative Ethereum DeFi summer, Tap Protocol acquaints us with similar capabilities on the Bitcoin blockchain, expanding the scope of value locking.
From a funding round led by Sora Ventures, the project has successfully raised $4,2M from reputable investors, including Animoca Brands, PetRock Capital, Cypher Capital, Kosmos Ventures, Compute Ventures, Cogitent Ventures, and many others. Skrylabs was an incubator of Tap Protocol.
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