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Interlay
Connecting crypto-currencies with DeFi platforms
- 21-100 employees
- Fintech
- B2B
- Cryptocurrency
- Financial Services
- Blockchain
- Westminster, London, UK
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Company mission
To build a future where blockchains seamlessly connect and interact: where anyone can use any digital asset on any blockchain, trustless and without limitations.
Our take
Having built the bedrock infrastructure that enables users to use Bitcoin in DeFi in a trustless and decentralized way, Interlay’s interBTC (iBTC) is a 1:1 Bitcoin-backed asset that is fully collateralized, interoperable, and censorship-resistant.
As a Polkadot parachain, the iBTC bridge operational and DeFi integrations are live on numerous chains, including Moonbeam, Acala, Zenlink, and Kraken. Once users lock their BTC in a vault, the minted iBTC is fully covered by insurance, enabling users to use their iBIT safely and confidently as collateral, and swap, lend, borrow, and more, on any blockchain.
While the company is focusing on fully transforming into a one-stop shop for Bitcoin finance, Interlay has plans for cross-chain expansion, launching on Ethereum, Cosmos, Solana, and Avalanche. The company is well-positioned to see continued growth as it shapes the future of decentralized BTC finance.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Remote-First Working
- Co-Working Space Allowance
- Yearly Retreat
- 38 Days Holiday + Public Holidays
- Stock Options
Funding (2 rounds)
Dec 2021
$6.5m
EARLY VC
Jul 2021
$3.1m
SEED
Total funding: $9.6m
Leadership
Alexei Zamyatin
(CEO)Former Researcher at SBA Research. Received their PhD in Computer Science from Imperial College London.