Bob, a Bitcoin Defi project, has collected $ 21 million through multiple financing rounds to promote his hybrid blockchain that combines Bitcoin’s security with Ethereum’s Defi options.
Summary
- Bob has raised a total of $ 21 million since December 2024 through several financing rounds, including a recent strategic round of $ 9.5 million that attracted new investors and increased obligations from existing backers.
- The hybrid chain model from Bob makes Native BTC Defi possible without packed tokens, secured by billions in a broken bitcoin.
- The most important milestones of the project include launching a native Bitcoin Defi-Testnet, becoming the first hybrid ZK rollup and integrating with fire blocks.
In a press release that is shared with crypto.news, BOB, a self -proclaimed “gateway to bitcoin defi”, that since December last year it has collected a total of $ 21 million through multiple strategic financing rounds, with the last $ 9.5 million, considerably increasing supporters and the withdrawal of new supporters.
Leading the original $ 10 million sperm, Castle Island Ventures doubled its investment next to Ledger, Rockawayx, Asymmetric, iOSG Ventures, Utxo Management, Daedalus, CMS, Bankless Ventures, HyperSphere, Alliance and Sigil/Zeeprime.
New strategic investors participating in this recent round include Anchorage, Amber Group and Sats Ventures. Moreover, Bob previously raised $ 1.6 million through a round of the angel investors.
“Het feit dat we nieuwe partners blijven aantrekken en zoveel van onze oorspronkelijke investeerders hebben verdubbeld met speaks -volumes voor het werk dat ons team heeft gedaan om de centrale rol van Bitcoin in Defi te definiëren. Met de reeks recente ontwikkelingen en Tier 1 -partners die Bob kiest om hun Bitcoin -strategieën te ondersteunen, zijn we aan heten van Defi, Alex, Alex, Alex, Alex, Alex, Alex, Alex, Alex, Alex, Alex, Alex, Alex, Alex, Alex, Alex, Alex.
The funds will be used to accelerate the development of Bob’s Hybrid blockchain, which aims to combine the protection of Bitcoin with the Defi innovation of Ethereum. This effort aims to unlock new use cases and use what Bob sees as a latent capital chance of $ 750 billion in Bitcoin Defi, which may encourage 100x growth in the sector.
Bob’s hybrid chain model uses billions of dollars in a broken bitcoin to protect all applications, assets and transactions within its ecosystem. With the platform, users can communicate directly with Native BTC, which eliminates the need for packaged tokens or keeper.
The recent milestones of the project include Launch a native bitcoin Defi -Testnet Supported by leading institutions such as Lombard, Amber Digital and Rockawayx. When it is launched on MAINNET, this makes Native BTC, not the wrapped representations, available for their extensive Bitcoin Defi Ecosystem.
Bob also became the first Hybrid ZK-RollupCombining the security and finality of optimistic roles with the efficiency of zero knowledge certificates to reduce costs and to speed up transactions.
Finally, Bob recently integrated with fire blocks To improve the institutional access by using the secure wallet technology from Fireblocks next to Bob’s Network.
