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

by Torram LabsApril 30th, 2025
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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.

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[Toronto, April 28, 2025] — Torram, the infrastructure team unlocking DeFi and RWAs on Bitcoin, swept two top categories at HackerNoon’s 2024 Startup Awards — earning Startup of the Year, Toronto and Top Trending Developer Tools of the Year.


These wins underscore Torram’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.


“Bitcoin has always been the gold standard for security — but lacked primitive middleware infrastructure to make it more useful than just a store of value, Torram changes that by enabling greater utility of the Bitcoin network,” said Vakeesan Mahalingam, CFA, Co-Founder & CEO. “We’re not just scaling Bitcoin; we’re rewriting what’s possible on it by laying the groundwork for institutional-grade finance, real-world asset tokenization, stablecoins, and wider institutional adoption — natively on Bitcoin."

Transforming Bitcoin from Digital Gold to Financial Backbone

For over a decade, Bitcoin was secure but rigid. Torram 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
  • Powers tamper-proof real-world data feeds and collateralized lending


"Without decentralized oracles and indexers, Bitcoin cannot power sophisticated financial markets. Torram 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

Torram’s infrastructure — now in public testnet — is already backed by 25+ top validators and a pipeline of 50+ decentralized applications and early LOI 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, Torram’s validator network writes all data directly to Bitcoin, ensuring full decentralization, transparency, and trust.

Join the Next Chapter of Bitcoin’s Evolution

Torram’s HackerNoon 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:

As Bitcoin’s next chapter begins, Torram is building the rails — laying the foundation for the future of decentralized finance on the world’s most secure blockchain.


About Torram

Torram is building the critical Bitcoin-native middleware that powers decentralized applications, financial products, and real-world asset tokenization on Bitcoin. By delivering trustless decentralized oracles and indexing directly onto Bitcoin Layer 1, Torram is unlocking Bitcoin’s full potential as the settlement layer for global finance.

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