Citrea

Citrea develops a Bitcoin-based zero-knowledge rollup platform that serves as the Bitcoin application layer, enabling institutions and users to access Bitcoin capital markets and As the first fully programmable platform secured by the Bitcoin Network, Citrea uses zero-knowledge technology to enable Bitcoin applications that bring liquidity, demand, and utility to Bitcoin= Its BitVM-based Clementine bridge provides trust-minimized Bitcoin through cBTC, and the platform has launched ctUSD, a 1:1 fiat-backed stablecoin for Bitcoin backed by short-term U.S. Treasury bills and The mainnet is live with applications including DEXs, yield protocols, money markets, and consumer apps= Founded in 2023 and headquartered in the Cayman Islands, the company has raised $16.7 million in Series A funding from investors including Founders Fund, Maven 11, Delphi Ventures, Galaxy Ventures, and Batux.

Blockchain Infrastructure > Middleware > Rollups > Zero Knowledge