Paradigm leads $70 million raise for Bitcoin staking protocol Babylon
Paradigm leads $70 million raise for Bitcoin staking protocol BabylonPublished 1 minute earlier on Quick Take
The Bitcoin staking protocol Babylon raised $70 million in fresh financing led by Paradigm.
Bullish Capital, Polychain Capital, Hashkey Capital, Mantle, Galaxy, Hack VC and others participated in the round.
Babylon builds infrastructure that allows proof-of-stake systems to obtain staking capital from bitcoin.
The Bitcoin staking protocol Babylon raised $70 million in funding led by t...
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