"This oversubscribed round is a testament to the growing demand for infrastructure that meets institutional needs," said Vakeesan Mahalingam, CFA, CEO of Torram. "We're building what others haven't dared to-seamless, reliable systems on Bitcoin that will redefine the trillion-dollar financial landscape."
"Our goal is simple," explains Mahalingam. "We're building infrastructure that powers institutional DeFi-utilizing Bitcoin's security, DeFi's innovation, and bank-grade reliability."
Torram's mission is to replicate that seamless reliability within DeFi. By developing advanced enablement technology, Torram empowers companies to build robust Bitcoin-native applications while enabling institutions to leverage Bitcoin as a secure settlement layer for financial transactions.
Torram's Bitcoin-native toolkit will include: Decentralized Oracle Network for real-time data feeds, and Decentralized Indexer Network for comprehensive indexing of Bitcoin's ecosystem, making data organized and accessible.
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