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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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