Get access to Strategy’s 11% Bitcoin dividends without owning the stock through this new token

Crypto startup Saturn is raising funding for an on-chain dollar product, USDat, that routes yield from Strategy’s Bitcoin-linked credit instruments into DeFi. The round included $500,000 from YZi Labs and a $300,000 angel raise led by Sora Ventures, as Saturn positions USDat as a dollar-denominated token whose returns are tied to Strategy’s STRC preferred equity. The post Get access to Strategy’s 11% Bitcoin dividends without owning the stock through this new token appeared first on CryptoSlate.