Botanix Labs raises $8.5 million to build a Bitcoin-native DeFi ecosystem
Bitcoin development startup Botanix Labs has raised $8.5 million in a seed series funding round from Polychain Capital, Placeholder Capital, Valor Equity Partners and ABCDE to build a Bitcoin-native DeFi ecosystem. Angel investors, including Andrew Kang, Fiskantes, Dan Held, The Crypto Dog, Charlie Spears, Altcoin Sherpa, Dovey Wan, Jebus, Icebergy, Crypto ISO, Davis (a.k.a., “KarbonBased”), Walt Smith and Domo (creator of the BRC-20 token standard) also participated in the round, according to a statement shared with The Block.
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