Build on Bitcoin raised $21 million to unlock native BTC DeFi with a new bridge, hybrid layer-2 infrastructure and institutional investor backing.
Layer-2 blockchain network Build on Bitcoin (BOB) has raised $21 million in strategic funding rounds since December 2024, with $9.5 million secured in its latest round, according to a news release sent to Cointelegraph.
Many existing investors have increased their financial commitments in the latest $9.5 million strategic round, including Castle Island, along with new strategic investors Anchorage, Amber Group and sats Ventures.
Nic Carter, founding partner of Castle Island, told Cointelegraph why they have decided to double down on their investment:
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments