Wu Shuo learned that BitVault announced the completion of a $2 million pre-seed funding round, with investors including Gemini, GSR, Auros, Keyrock, V3V Ventures, and Re7 Capital, along with individual investors from P2P org, Hemi, Bitget, and Katana. BitVault is a DeFi protocol that launched the stablecoin bvUSD, overcollateralized by Bitcoin derivatives, and the yield-bearing variant sbvUSD, supported by yield strategies provided by GSR.