Bitcoin staking chain BounceBit secures $6M to bring DeFi to B | DeFi Updates
Bitcoin staking chain BounceBit secures $6M to bring DeFi to BTC
BounceBit, an infrastructure provider enabling BTC staking, announced today that it has raised $6 million in a funding round led by Blockchain Capital and Breyer Capital. The company aims to build infrastructure that allows Bitcoin holders to earn yields through a restaking mechanism. The round included backing from several notable blockchain venture funds including dao5, CMS Holdings, Bankless Ventures, NGC Ventures, Primitive Ventures, and Arcane Group.
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