GooMoney, a protocol focused on creating an on-chain treasury system backed by Bitcoin, has successfully raised strategic commitments amounting to 200 BTC, which is valued at $19.3 million. This funding comes as the project completes Stage 1 of its Fair Launch, with 100 BTC already deposited on-chain and the remaining funds pledged by strategic partners set to be released in tranches following the public launch.
The strategic participants include notable names like Lorenzo and B2 Network, a Bitcoin-native infrastructure initiative that is working on developing layers for settlement and yield in both AI and decentralized finance (DeFi). With these early commitments, GooMoney is positioning itself as a leading player within the Bitcoin-focused DeFi sector, aiming to generate yield and enhance treasury growth without depending on USD-based norms.
According to co-founder Lee Kay, “Our view is that global capital should gradually move away from fiat-denominated benchmarks.” He emphasized that Bitcoin serves as a neutral and scarce unit of account, and GooMoney is tailored to transform BTC into a productive reserve asset instead of allowing it to remain idle.
Post-launch, GooMoney aims to grow its treasury to 1,000 BTC, which equates to approximately $95 million, with a target timeline set for the first quarter of 2026, depending on market conditions. The protocol”s launch is anticipated to be imminent, with plans for a public rollout by the end of January.
A Decentralized Treasury Model
The infrastructure of GooMoney operates as a decentralized on-chain strategy, constructing a treasury that is supported by Bitcoin. It plans to issue the $GOO token, which will always maintain backing of at least one satoshi. This model introduces a true floor price for BTC, ensuring that $GOO retains intrinsic value while facilitating the productive use of Bitcoin on the blockchain.
The protocol integrates various mechanisms such as bonding, yield aggregation, and systematic treasury management to effectively utilize Bitcoin as a productive reserve asset. The team has branded this approach as the Bitcoin Yield Standard, a framework intended to measure growth directly in BTC rather than in USD.
Upcoming Fair Launch Stages
Stage 2 of GooMoney”s Fair Launch is set to commence on January 21st. This stage will feature both $GOO and $sGOO, which is the staked version of the native token. Participants in this phase will have the opportunity to acquire $sGOO at a fixed issuance rate, reflecting an approximate 70% discount compared to the reference price of 4 satoshis per $GOO during the token generation event.
A refund period will be available for all participants prior to the protocol”s official launch. Holders of $sGOO will engage directly in GooMoney”s BTC-denominated yield distribution and its long-term treasury growth model from the outset.
During its initial Growth Phase, GooMoney will provide discounted bonds in relation to market pricing, allowing it to capture a premium distributed to $sGOO stakers as yield. This strategy aims to create a sustainable cycle in which attractive returns entice new participants and promote treasury expansion. Once the treasury matures, GooMoney will transition into a Stability Phase focused on sustainable yield generation via diversified Bitcoin strategies, enhancing BTC backing per token over time.
GooMoney is positioned as the first satoshi-backed reserve currency dedicated to generating real BTC-denominated yield. Each GOO token is guaranteed to be backed by at least 1 satoshi, supported by on-chain proof and a treasury that leverages yield-generating Bitcoin strategies. The project aims to amplify its reserves and establish Protocol-Owned Liquidity through bonds, establishing a self-reinforcing cycle of yield, liquidity, and governance.
CEO John Gurunson can be contacted for further information.
Disclaimer: This is a sponsored press release and is intended for informational purposes only. It does not represent the views of Crypto Daily and should not be considered as legal, tax, investment, or financial advice.
