Rift Secures $8 Million in Funding on November 8, 2025

According to media reports, Rift secured $8 million in funding on November 8, 2025. The investment was led by Paradigm.Rift is a peer-to-peer Bitcoin trading protocol that draws on Uniswap's liquidity support mechanism and utilizes Trusted Execution Environments (TEEs) technology to ensure transaction security. The protocol’s core innovation lies in eliminating intermediaries, enabling users to conduct direct peer-to-peer transactions while maintaining self-custody of their assets throughout the process. This design aligns with the blockchain industry's pursuit of decentralization and user autonomy.On November 8, 2025, Rift achieved two significant milestones: the project officially launched on the mainnet and completed this $8 million funding round. This marks Rift’s transition from proof-of-concept to practical application, providing users with a fully functional peer-to-peer Bitcoin trading solution. With Paradigm’s support and capital injection, Rift is expected to further enhance protocol features, expand ecosystem applications, and drive innovation in Bitcoin trading methods.