Hive Backed Dollar (HBD) logo

Hive Backed Dollar (HBD)

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Category: Stablecoin Issuance

Hive


Hive operates a decentralized blockchain and Web3 ecosystem designed for scalable, fee-less transactions with three-second block times. Its network supports developers building dapps through nodes, APIs, SDK libraries, documentation, and a decentralized community fund. The ecosystem includes social applications, games, NFT tools, DeFi applications, wallets, and the native HIVE token and HBD algorithmic stablecoin.

Funding Rounds

Funding Round: Series A
Funding Date: 27 Mar, 2024
Raised Amount: $13M

Investors