Sora Ventures, an Asia-based venture fund focused on Web3 and Bitcoin innovation, led the angel round for Saturn, a yield-bearing stablecoin delivering 11%+ yield backed by Strategy’s digital credit. Saturn is built on Strategy’s STRC, unlocking global access to Bitcoin credit markets.
The angel round raised $300K with support from key industry figures. Before this, Saturn previously raised $500K through YZi Labs (EASY Residency), which backed the project from day one.
The Creation of Digital Credit
In 2025, Strategy and Michael Saylor set their sights on the fixed-income market. The company transformed Bitcoin into a durable source of yield, creating a credit layer on top of it.
“Our goal is to bring transparent yield to DeFi at a scale of billions of dollars. We are building the first killer app (digital dollars) on Michael Saylor’s digital credit – a whole new platform layer, where banks, insurance, investing and money will be all reshaped,” said Kevin Li, Co-founder of Saturn. “We’re proud to have YZi Labs and Sora Ventures’ support from day one, and we will become the Tether of digital credit” Li added, “Today, yield is generated through a combination of Strategy’s STRC and U.S. Treasury bills.”
“Stablecoins are moving beyond simple payments toward yield-driven products, and few projects connect institutional credit with DeFi in a meaningful way,” said Jason Fang, Managing Partner and Founder of Sora Ventures. “We backed Saturn because USDat is pioneering the first on-chain use of Strategy’s credit products, and we believe it can redefine how institutional capital interacts with decentralized finance.”
The Saturn team brings deep expertise across DATs, DeFi, and stablecoins, with engineering experience from Artemis, a leading blockchain data company focused on stablecoin and on-chain analytics, and M31 Capital, a DeFi-focused venture and liquid fund. All founders are alumni of the University of Pennsylvania.
With support from Sora Ventures and YZi Labs, Saturn is well positioned for global market penetration and to become a dominant force in DeFi. Li notes that as Bitcoin transforms into a new credit layer, Saturn will be the first stablecoin protocol to offer double-digit yields at $10B scale.
About Sora Ventures
Sora Ventures is an Asia-based web3 venture fund with a Bitcoin-focused investment thesis, bridging Web3 innovation and traditional finance. The fund has invested in and supported Asia’s leading Bitcoin treasury firms, including Japan’s Metaplanet (TYO:3350), Hong Kong’s Moon Inc (HKG:1723), Thailand’s DV8 (BKK:DV8), and South Korea’s Bitplanet (KOSDAQ:049470). Jason Fang, Founder and Managing Partner of Sora Ventures, is a prominent figure driving Bitcoin adoption in Asia, leading corporate Bitcoin treasury strategies across both public markets and venture capital.
Also reported on
CryptoSlate: https://cryptoslate.com/earning-11-yield-from-strategys-bitcoin-credit-machine-routed-to-new-stablecoin-usdat-rewards/
The Block: https://www.theblock.co/press-releases/385808/saturn-raises-800k-from-yzi-labs-and-sora-ventures-to-build-usdat-a-11-yield-bearing-stablecoin-protocol-backed-by-michael-saylors-digital-credit
The Defiant: https://thedefiant.io/news/markets/saturn-raises-usd800k-from-yzi-labs-and-sora-ventures-to-build-usdat-a-11-yield-bearing