The Good Tech Companies - Torram Wins Big at HackerNoon's 2024 Startup Awards, Sets Stage for the Future of Finance on Bitcoin

Episode Date: April 30, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/torram-wins-big-at-hackernoons-2024-startup-awards-sets-stage-for-the-future-of-finance-on-bitcoin. Torram wins Hackernoon Startup 2024, launching the future of Bitcoin DeFi and RWAs with its Bitcoin-nativeoracle network and institutional-grade infrastructure. Check more stories related to tech-stories at: https://hackernoon.com/c/tech-stories. You can also check exclusive content about #bitcoin-defi, #startup-of-the-year, #future-of-defi, #defi-and-traditional-finance, #bitcoin-spotlight, #bitcoin-adoption, #crypto-investors, #good-company, and more. This story was written by: @torram. Learn more about this writer by checking @torram's about page, and for more stories, please visit hackernoon.com. Torram, the infrastructure team unlocking DeFi and RWAs on Bitcoin, swept two top categories at HackerNoon’s 2024 Startup Awards. “Bitcoin has always been the gold standard for security — but lacked programmability. Torram changes that,” said [Vakeesan Mahalingam, CFA], Co-Founder & CEO.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Torum wins big at Hacker Noon's 2024 Startup Awards, set stage for the future of finance on Bitcoin, by Torum Labs. Toronto, April 28, 2025. Torum, the infrastructure team unlocking DeFi and RWAs on Bitcoin, swept two top categories at Hacker Noon's 2024 Startup Awards, earning Startup of the Year, Toronto and Top Trending Developer Tools of the Year. These wins underscored Torum's mission to unlock Bitcoin's next trillion-dollar opportunity, building the first full middleware stack for institutional use cases on Bitcoin, enabling real-world asset, RWA, tokenization, collateralized lending, and native stablecoins

directly on Bitcoin layer 1. Greater than, Bitcoin has always been the gold standard for security, but lacked primitive greater than middleware infrastructure to make it more useful than just a store of value. Greater than Torum changes that by enabling greater utility of the Bitcoin network, said greater than Vikesan Mahalingam, CFA, co-founder and CEO. We're not just scaling Bitcoin. Greater than we're rewriting what's possible on it by laying the groundwork for greater

than institutional-grade finance, real-world asset tokenization, stablecoins, and greater than wider institutional adoption, natively on Bitcoin. Transforming Bitcoin from digital gold to financial backbone. For over a decade, Bitcoin was secure but rigid. Torum bridges that gap with the first full institutional-grade middleware stack that enables Bitcoin native DeFi, RWA tokenization, and stablecoins. Delivers the first decentralized oracle and indexing network built natively on Bitcoin L1. Power's tamper-proof real-world data feeds in collateralized lending.

Without decentralized oracles and indexers, Bitcoin cannot power sophisticated financial markets. Torum solves this at the root, making Bitcoin not just a store of value, but the foundation of programmable financial infrastructure, added Mahalingam. Institutional-grade, developer ready. Torum's infrastructure, now in public testnet, is already backed by 25 plus top validators and a pipeline of 50 plus decentralized applications and early LoaI partners waiting for integration. Key use cases include Bitcoin native stablecoins, delivering tamper-proof price feeds. RWA tokenization, on chain issuance of treasury funds, private equity, and commodities, coming soon.

Prediction markets and event-driven finance, powered by real-world data. Crypto-native DeFi tools, loans, synthetic assets, and trustless options. Truly BTC native settlement, fast execution, trustless transparency. Unlike centralized layer 2s, Torum's validator network writes all data directly to Bitcoin, ensuring full decentralization, transparency, and trust. Join the next chapter of Bitcoin's evolution. Torum's hacker noon wins are more than accolades. They signal the arrival of Bitcoin going from just a store of value to a programmable economy in the making. DApp developers, institutions,

and forward-thinking partners are invited to. Follow us on X for the latest updates. Book a strategy call with our team. Access our white paper 2.0. Join our builders community. Explore and join Torum Testnet Alpha, as Bitcoin's next chapter begins, Torum is building the rails, laying the foundation for the future of decentralized finance on the world's most secure blockchain. About Torum. Torum is building the critical Bitcoin native middleware that powers decentralized applications, financial products, and real-world asset organization on Bitcoin. By delivering trustless decentralized oracles and indexing directly onto Bitcoin Layer 1, Torum is unlocking Bitcoin's full potential as the settlement layer for global finance.

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