In keeping with Bloomberg, Bitcoin staking protocol Babylon raised $70 million in a financing spherical led by cryptocurrency funding firm Paradigm.
Whereas this was the most important funding within the Bitcoin (BTC) ecosystem in latest occasions, Binance Labs had beforehand introduced that it will spend money on Babylon.
In keeping with Bloomberg, Babylon, a startup targeted on Bitcoin staking, raised $70 million in its newest spherical of financing, led by Paradigm. That is additionally the most important funding within the Bitcoin ecosystem not too long ago. Earlier, Binance Labs additionally introduced its funding in Babylon. At…
— Wu Blockchain (@WuBlockchain) Could 30, 2024
The information shall be up to date as particulars turn into accessible.
*This isn’t funding recommendation.
