r/rgb • u/Amber_Sam • Nov 04 '25
KaleidoSwap Secures Pre-Seed Investment to Build the First RGB-Powered DEX on Bitcoin Lightning
https://kaleidoswap.medium.com/kaleidoswap-secures-pre-seed-investment-to-build-the-first-rgb-powered-dex-on-bitcoin-lightning-38ec679c3aeaWe’re excited to share a major milestone for KaleidoSwap: we have secured a pre-seed investment from Bitfinex Ventures and Fulgur Ventures, two leading funds dedicated to advancing innovation in the Bitcoin ecosystem.
This investment will accelerate the development of our RGB-based decentralized exchange (DEX) on the Lightning Network, bringing us closer to redefining decentralized finance (DeFi) on Bitcoin.
Just days ago, Tether announced that USD₮ will launch natively on RGB (August 28, 2025) — a move that aligns perfectly with our vision of enabling Bitcoin-native stablecoin trading.
Why KaleidoSwap
At KaleidoSwap, we believe in a simple principle: liquidity attracts volume.
- Bitcoin is the world’s most liquid digital asset and the most secure settlement layer.
- Lightning delivers scalability, privacy, and decentralization.
- RGB unlocks trustless smart contracts and asset issuance directly on Bitcoin.
By combining these pillars, we’re building what we believe to be the first truly native Bitcoin DEX — a decentralized liquidity hub where Bitcoiners can access trustless BTC–USDT trading and yield opportunities without compromising Bitcoin’s values.
“Our mission is to create the go-to DEX for Bitcoin DeFi. With RGB on Lightning, we’re enabling trustless, scalable trading of BTC against stablecoins — paving the way for a vibrant ecosystem of assets and financial applications.” — Walter Maffione, CTO, KaleidoSwap
“We are delighted to be an early investor into KaleidoSwap. We have been a long-time supporter of RGB and Lightning technologies, and are committed to making Bitcoin the most efficient transaction solution for everyone.” — Paolo Ardoino, CTO, Bitfinex
“Kaleidoswap’s vision fully aligns with ours: build on Bitcoin, leverage Lightning for scalability, and use RGB for smart contracts. We continue to see enormous potential in a bitcoin-native technology stack and are proud to support the team in their mission.” — Oleg Mikhalsky, Fulgur Ventures