Asigna raises $3M to launch v2 smart multisig vault for Bitcoin DeFi and layer-2 ecosystem

Asigna, the project behind a non-custodial smart multisig vault for Bitcoin and its Layer-2 protocols, has rolled out a major v2 upgrade and secured $3 million in fresh funding to push it forward. The round was led by Hivemind Capital and Tykhe Block Ventures, with backing from Sats Ventures, Trust Machines, and a lineup of angel investors. Portal Ventures led Asigna’s earlier pre-seed round, alongside Bitcoin Frontier Fund.

For those new to the company, Asigna is a smart vault system that helps teams, DAOs, and institutions manage Bitcoin treasuries securely. The vault supports $1.1 billion in assets and acts as a safety layer to prevent hacks, internal disputes, or access issues.

What makes it stand out is that it supports standard wallet functions and lets users interact directly with dApps, decentralized exchanges, and protocols like Ordinals, Runes, BRC-20, and others—all while staying anchored to Bitcoin’s base layer and execution environments like Stacks, Citrea, Arch, and Botanix.

“With Asigna, we are establishing foundational infrastructure for institutions and large holders to securely and confidently participate in the evolving Bitcoin ecosystem,” said Viven, Co-Founder at Asigna. “There’s a critical need for robust, transparent, and programmable non-custodial solutions, and the multisig infrastructure is at the heart of this transformation.”

The new v2 release adds Embedded Apps, which allow users to interact with Bitcoin-based applications directly from inside the multisig vault environment. Users also get a customizable dashboard for portfolio tracking and can now swap between Bitcoin assets and BTC from the same interface.

Developers aren’t left out either. Asigna released its Connection SDK and Multisig SDK so developers can plug user multisig wallets directly into their own apps on Bitcoin and Stacks. They’ll be able to manage transactions, sign messages, move funds, and handle contract deployments.

Other new features include Sub Accounts, email notifications, governance tools, privacy controls, advanced UTXO management, and customizable permissions for vault signers.

“What’s unique about Asigna is that, unlike many other onchain smart wallet implementations, it is fully native to the Bitcoin layer, with no smart contract risks. We don’t directly interact with private keys, and account owners can use any wallet to sign their transactions,” said Vlad, Co-Founder at Asigna. “Which means these multisig wallets can never be frozen or lost, regardless of what happens to Asigna. As it should be.”

Bitcoin hit $108,135 late last year, and with ETF inflows far outpacing mining supply, interest in Bitcoin-based infrastructure has been booming. Bitcoin DeFi is already sitting at $6 billion in total value locked and climbing fast. Asigna’s team sees a big opportunity here, especially for institutions that want to participate without giving up security or custody.

The new funding will help Asigna grow its offerings for enterprise customers, especially those looking for secure access to staking and lending products through a more hands-on, concierge-style service.

“We believe Asigna’s innovative approach to Bitcoin security and its seamless integration with Layer-2 protocols make it a game-changer for institutional investors,” said Kayla Phillips, Senior Investment Principal at Hivemind Capital. “We are thrilled to support their mission to provide robust and transparent non-custodial solutions for the evolving Bitcoin ecosystem.”

Founded in 2022, Asigna operates a smart multisig vault system for Bitcoin and its Layer-2 protocols. With more than $1.1 billion in assets protected, the platform is built for teams, DAOs, and institutions that need multi-party control of shared funds. Asigna supports direct wallet interaction with dApps, DEXs, and Bitcoin-native protocols, offering flexibility without sacrificing security.