PANews reported on March 14 that according to official news, the encrypted lending agreement Templar Protocol announced the completion of a $4 million Pre-Seed round of financing, with participation from Robot Ventures, Digital Asset Capital Management, Proximity Labs, Blackdragon Capital, NEAR Protocol and several strategic angel investors. This funding will accelerate Templar's development roadmap and product releases.
According to reports, Templar Protocol is a startup dedicated to developing a crypto lending platform for Bitcoin and other digital assets. Templar's goal is to allow users to borrow Bitcoin or other assets without relying on centralized institutions. The team plans to launch the protocol in the second quarter of 2025. In the future, Templar will expand support for more assets and enhance privacy features, including differential privacy and zero-knowledge proofs.
