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Fiamma

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Category: Infrastructure
TVL: $1.2M

Fiamma

Fiamma is a team of cryptographers, blockchain developers, and fintech professionals pioneering BitVM2—the Bitcoin Virtual Machine—to create trust-minimized Bitcoin infrastructure and cross-ecosystem bridges with Bitcoin finality. Their mission is to reimagine finance and the internet centered on Bitcoin, unlocking open finance for everyone. Their primary product, the Fiamma Bridge, is the first trust-minimized Bitcoin bridge powered by BitVM2, allowing users to mint FiaBTC (1:1 pegged to BTC) to earn, trade, and borrow without relinquishing control. Security is a core focus, achieved through non-custodial bridging with BitVM2, an Isolated Safe Architecture™ where user funds are secured in personal vaults, and maximum trust-minimization via small ZK verifiers and permissionless challenges.
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Funding Rounds

Funding Round: Seed
Funding Date: 4 Dec, 2024
Raised Amount: $4M
Funding Round: Seed
Funding Date: 1 Dec, 2024
Raised Amount: $4M

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