Acre Launches Bitcoin Staking dApp with $100M TVL, Eyes DeFi Growth

February 21, 2025
Acre Launches Bitcoin Staking dApp with $100M TVL, Eyes DeFi Growth
  • The platform features full control of Bitcoin assets, on-chain transaction transparency, and an Acre Points Program to engage the community.

  • The dApp simplifies participation in decentralized finance (DeFi) for Bitcoin holders, emphasizing self-sovereignty and transparency while allowing users to deposit BTC and engage in a rewards ecosystem.

  • Laura Wallendal, CEO of Acre, emphasized that the dApp empowers users to compound their BTC without sacrificing financial sovereignty.

  • Co-founder and CEO Laura Wallendal confirmed that Acre's recent funding round, which closed in February 2025, was structured as a simple agreement for future equity (SAFE) with a token warrant.

  • Acre, a bitcoin staking platform, launched its decentralized application (dApp) on February 21, 2025, boasting over $100 million in Total Value Locked (TVL) and marking itself as the first platform focused on Bitcoin compounding.

  • Since its gated mainnet launch in July 2024, Acre has accumulated 1,028 BTC in user deposits, valued at over $100 million, and is poised for significant growth as it opens to the public.

  • Acre's deposits are secured through tBTC, a decentralized custodian, with the underlying BTC held in a 51-of-100 multisig operated by decentralized nodes.

  • Since its gated mainnet launch, Acre's community has grown from 6,000 to over 36,000 active members, reflecting a strong demand for Bitcoin-focused DeFi solutions.

  • The Acre team, currently consisting of eight core members, aims to expand across operations, engineering, and marketing as it integrates with more protocols.

  • The funding round raised $4 million at a $90 million valuation, attracting participation from notable investors including Draper Dragon, Big Brain Holdings, and Orange DAO.

  • Future developments for Acre include integrations with Layer 2 networks and decentralized insurance protocols to enhance user opportunities in DeFi.

  • Acre is focused on long-term, community-driven solutions rather than chasing inflated TVLs or unsustainable growth.

Summary based on 3 sources


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