The startup develops a decentralized exchange that enables users to trade assets directly across the metaverse using cross and multi-chain technology. By linking bank accounts for seamless deposits and withdrawals, the platform eliminates the need for custodians and facilitates direct transactions between users' wallets, enhancing integration with decentralized applications.
Funding
$7.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Existing decentralized exchanges often lack seamless integration with traditional financial systems, creating friction for users who want to move assets between their bank accounts and crypto wallets. This can involve custodians and complex processes, hindering wider adoption.
Solution
Catalog provides an interoperability stack for Bitcoin, enabling users to bring Bitcoin to dApps without compromising user experience. The platform facilitates instant Bitcoin transaction guarantees, enabling high-performance cross-chain interactions. Catalog's modular design allows users to access Bitcoin in various ways, and provides complete security against bridge attack vectors.
Target Audience
The primary target audience includes developers building decentralized applications (dApps) that require Bitcoin interoperability and users seeking seamless access to Bitcoin within DeFi ecosystems.
Features
- Modular interoperability protocol for Bitcoin
- Instant Bitcoin transaction guarantees
- Secure against bridge attack vectors
- Set of packages to bridge Bitcoin to EVM and vice versa
- Tools to launch multichain environments for testing and monitoring
- Atomic swapping scripts for Bitcoin and EVM blockchains
- Bitcoin indexer written in Go