Castle Raises $1M to Bring Automated Bitcoin Treasury Solution to U.S. Businesses
Castle, a bitcoin treasury platform for small and medium-sized businesses (SMBs), announced today it raised
The round was led by Boost VC, with participation from Winklevoss Capital, Park Rangers Capital, Epoch VC, and select angel investors. The funding will fuel platform development and scale onboarding efforts to reach SMBs nationwide, serving companies seeking an inflation-resistant, turnkey treasury solution.
"Most savings products used by small and medium businesses, despite being framed as high-yield, actually lose money after accounting for inflation. Business owners are waking up to this and deserve better," said
By dynamically suggesting strategies ranging from conservative to aggressive, Castle enables businesses to right-size their allocation according to their risk tolerance. Current customers span industries including restaurants, fitness, accounting, e-commerce, SaaS, fine art, real estate, and more.
Castle's automation and integrations maintain the desired level of bitcoin exposure even in the face of challenges such as fluctuations in revenues, expenses, or overall holdings, through features such as:
- Automated recurring allocations to bitcoin either as a fixed dollar amount or a percentage of revenue (e.g., 5%)
- Setting thresholds on cash accounts to trigger automatic bitcoin purchases or sales, ensuring liquidity for operational expenses.
- Defining maximum and minimum percentages that bitcoin should represent of overall holdings
"Bitcoin isn't just for Silicon Valley and
With free sign-ups and no monthly fees, Castle makes an inflation-proof treasury solution available to SMBs. To sign up today, users can visit savewithcastle.com.
For media inquiries, users can contact 21M Communications at [email protected].
About Castle
Castle provides businesses with intelligent bitcoin treasury solutions, combining automation and seamless financial integrations to safeguard assets and foster long-term value creation. Learn more at savewithcastle.com
Contact
Founder
Phil
21M Communications.com
[email protected]
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SOURCE Castle
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