Bitway

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Bitway - overview

Established

2022

Location

-, -, -

Primary Industry

Software

About

Side Labs Inc. , doing business as Bitway, is a financial technology company that offers innovative solutions for on-chain finance, including lending protocols and yield generation services tailored for cryptocurrency users and institutional investors. Bitway, founded in 2022, specializes in enhancing on-chain finance through a suite of financial products. The company has received Seed funding, securing USD 4.


444 mn in its latest round led by Tron DAO ventures, with participation from HTX Ventures. The firm has initiated one deal to date, with its most recent funding round occurring on January 21, 2026. Bitway specializes in providing a comprehensive suite of financial products designed to enhance on-chain finance through innovative technology. The company's core offerings include Bitway Earn, which allows users to earn yields on BNB Chain and other EVM-compatible chains while utilizing delta-neutral hedging strategies and institutional-grade asset custody.


Bitway Lending serves as a self-custodial native Bitcoin lending protocol, facilitating instant loan approvals and disbursement globally without credit score requirements. Additionally, the platform supports gas-free Bitcoin transactions, enabling merchants to conduct micropayments seamlessly, and provides robust infrastructure for developers through EVM and WASM smart contract compatibility. Bitway's products are designed for a diverse clientele, including institutional investors, developers, and global users engaged in cryptocurrency transactions, across markets such as North America, Europe, and Asia. The revenue model for Bitway revolves around transaction fees and yield generation from its financial products.


Clients, including institutional investors and cryptocurrency users, engage with the platform to participate in lending and earning opportunities, wherein they deposit their assets to earn yield or take out loans against their Bitcoin holdings. For instance, lenders can contribute to liquidity pools and earn yield-bearing tokens, which may facilitate a continuous cash flow for the company. Revenue may also be generated through partnerships with other wallets and platforms, enabling users to borrow via approved partner wallets while sharing transaction fees. The precise pricing structure associated with each service is integral to Bitway's operations, underpinning its competitive edge in the rapidly evolving landscape of decentralized finance.


Bitway will use the January 2026 seed funding to drive their future growth and expand its Layer 1 application chain. The funds will be utilized to enhance existing products and develop upcoming offerings that will expand their services into new markets, targeting regions across North America, Europe, and Asia. The company aims to roll out these new products within the next year to bolster its presence and capitalize on emerging market opportunities.


Current Investors

Tron DAO ventures, HTX Ventures

Primary Industry

Software

Sub Industries

e-Financial, Web Applications, Accounting/Finance Software

Verticals

Blockchain, Cloud Computing, FinTech

Company Stage

Angel & Seed

Total Amount Raised

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