Posted 3/7/2024, 6:01:02 PM
Bitcoin Wallet Startup Oyl Raises $3M to Enable In-App Swaps of Bitcoin Assets
- Bitcoin startup Oyl raises $3M to power in-wallet ordinals swaps in its Oyl wallet
- Oyl wallet aims to enable easy buying, trading, and swapping of Bitcoin-based digital assets like BRC-20 tokens
- Backers include Arthur Hayes' fund, BRC-20 creator Domo, Arca, Udi Wertheimer, and others
- Goal is for all Ordinals trading to happen within Oyl wallet, without needing external marketplaces
- Oyl has early lead in Bitcoin DeFi with BRC-20 aggregation tools and Ordinal trading technology
