Torram, a decentralized finance (DeFi) infrastructure on Bitcoin, has received a strategic investment from Draper Associates.
The investment comes as institutional demand for Bitcoin-native DeFi solutions surges.
Torram's institutional-grade infrastructure enables financial institutions to tap into Bitcoin's security and market cap through compliant DeFi solutions.
Torram has secured backing from Tim Draper and Adam Draper and will launch its testnet in Q1 2025.