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Draper Associates Backs Torram to Propel Decentralized Finance on Bitcoin

  • 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.

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