✉news BusinessCrypto first seen 2 d ago, last 1 d ago, peak #23
Nectar Group raises $5M seed to generate yield from idle Bitcoin
Original: Nectar Group raises $5M seed to turn idle Bitcoin into yield
Nectar Group, a crypto startup, has raised $5 million in seed funding to build products that let Bitcoin holders earn yield on otherwise idle holdings. The round was reported by startup data platform Dealroom. Details on the investors, valuation or product design have not yet been made public, and the company has not responded with further comment.
Why now: Fresh seed funding in the Bitcoin yield space is drawing attention as investors look for ways to make dormant Bitcoin holdings productive.
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