Bitcoin trading app Oyl raises $3 million in pre-seed funding, Arthur Hayes joins the round

Bitcoin trading application Oyl has raised $3 million in seed funding led by venture capital firm Arca. BitMEX co-founder Arthur Hayes and BRC-20 creator Domo also participated in this round of financing. Oyl is building a Bitcoin-centered trading platform that includes "wallet-in" trading functionality for tokens and Bitcoin serial numbers. According to the company's announcement, the platform, called Oyl Wallet, will be launched in the next few weeks.