Ordinox a Bitcoin DeFi protocol secures 1 million in preseed funding with participation from UTXO Management

Ordinox, a DeFi protocol, has successfully completed a $1 million pre-seed funding round. UTXO Management, Digital Asset Capital Management, CMS Holdings, Sats Ventures, Hidden Street, and STS Digital participated in this funding round. Angel investors, including Domo, the founder of BRC20, also joined this round of funding. It is reported that Ordinox offers DeFi services on Bitcoin through its native liquidity pool supported by the Cosmos SDK.