SatLayer

SatLayer

Bitcoin Validated Service solution enhancing security and utility for decentralized applications through zero knowledge proof rollups. Learn more

Launch date
Market cap
-
Enterprise valuation
€29—44m (Dealroom.co estimates Aug 2024.)
Miami Florida (HQ)
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SatLayer operates in the blockchain and cryptocurrency market, providing a Bitcoin Validated Service (BVS) solution that enhances the security and utility of decentralized applications. The company leverages zero knowledge proof verification and rollup technology to offer a platform capable of running Turing complete smart contracts for off-chain transactions. SatLayer serves clients in the decentralized finance (DeFi) sector, including decentralized exchanges (DEXs) and enterprise-grade staking providers. The business model focuses on providing secure and scalable blockchain infrastructure, making money through service fees and partnerships with other blockchain projects. SatLayer's innovative approach aims to unlock the full potential of Bitcoin by enabling restaking and enhancing its security within the blockchain ecosystem.

Keywords: Bitcoin, Validated Service, zero knowledge proof, rollup technology, decentralized applications, smart contracts, DeFi, staking, blockchain infrastructure, security.

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