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Ducat Protocol

Ducat Protocol

Private
Nashville, TennesseeCrypto & Web3https://www.ducatprotocol.com/

Last Round

Strategic

May 26, 2025

Total Funding Raised

$2.75M

Company Overview

Ducat Protocol is a fintech company that develops a Bitcoin-native credit and stablecoin platform allowing users to borrow against Bitcoin collateral without surrendering custody.

Sector

Crypto & Web3

Verticals

DeFi, Stablecoins, Lending & Credit, Blockchain Infrastructure

Business Model

B2C

Customer Profile

Usage-Based SaaS, Revenue Share

AI Layer

Non-AI

Keywords

bitcoin lendingbitcoin stablecoinnon-custodial lendingdecentralized financeDeFitaproot vaultsbitcoin layer 1overcollateralized debt positionsCDPbitcoin runesself-custodybitcoin liquiditybitcoin defibitcoin sdkcrypto lendingtrustless lending

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Ducat Protocol Comps

Public and private peers based on sector, stage, and business model.

Ducat Protocol comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Ducat Protocol Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
StrategicMay 26, 2025
Pre SeedAug 22, 2024

Key People

Founding team and executive leadership

David Evans

Co-Founder & CEO

Founding Team

Lucas Rodriguez Benitez

Chief Technology Officer

Executive Team

Alex Forshaw

Chief Product Officer

Executive Team

Ducat Protocol Investors

Notable investors and investment history

Ducat Protocol investors
InvestorRounds
FoundershipPre Seed
Hivemind Capital PartnersStrategic
Samara Asset GroupPre Seed
Bitcoin Frontier FundPre Seed
Aurion CapitalPre Seed
UTXO ManagementPre Seed
Marin Digital VenturesPre Seed

Ducat Protocol Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Ducat Protocol Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersNashville, Tennessee
Employee Range22
Year Founded2024
Last FundingMay 26, 2025

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