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One platform for global traditional assets
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According to Tech in Asia, India’s Bitcoin and gold cashback platform GoSats announced the completion of a $5 million Series A funding round led by Konvoy, with participation from Y Combinator and Taisu Ventures. The new funds will be used for user acquisition, AI product development, and team expansion. Currently, the platform handles an annualized GMV of approximately $40 million and has distributed over $5.37 million in crypto and gold rewards. GoSats allows users to earn Bitcoin through daily spending, thereby lowering the barrier to access crypto assets in India’s strict regulatory environment.