Stroom Network

Stroom Network

Stroom Network is a liquid staking protocol for Bitcoin's Lightning Network. By depositing bitcoin on Lightning, users can earn routing fees from payments made on the network. Simultaneously, Stroom issues a wrapped bitcoin token, lnBTC, on Ethereum, pegged at a 1:1 ratio with bitcoin, enabling users to explore further yield opportunities across the Ethereum ecosystem, similarly to WBTC.

Key Info

  • 2022 Founded2022 Founded
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Activity Timeline

Team

Investments

Round
Amount Raised
Date
Investors
Seed
Raised $3,500,000
Aug 31, 2023

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