On August 15th, Bitcoin network infrastructure developer Satflow completed a $7.60 million seed round of financing. This round of financing was led by Variant, with Nascent, UTXO Management, Coinbase Ventures, Hash3, CMS Holdings, Asymmetric, Sora Ventures, Memeland, Robot Ventures, Bitcoin Frontier Fund and others participating. Satflow says its goal is to build the best trading experience on Bitcoin. The project argues that Bitcoin DEX ignores professional traders who need advanced order types, high-speed data, and liquidity pools. The Web2 model hinders the advancement of conflicts of interest. Satflow aims to solve these problems, elevate Bitcoin L1 to a quality that can be participated in by institutions, and enhance decentralization.