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Elastos Raises $20M to Build Native Bitcoin DeFi Protocol

Another project looking to turn Bitcoin into a more fruitful base for DeFi has raised $20 million in funding toward that goalUpdated Jan 30, 2025, 1:17 p.m. UTCPublished Jan 30, 2025, 2:00 p.m. UTCElastos, a project looking to turn Bitcoin into a more fruitful base for decentralized finance (DeFi), has raised $20 million towards that goal.Elastos, a decentralized infrastructure provider, aims to scale its Bitcoin DeFi protocol BeL2 as a utility layer for the world's original blockchain.The fir...

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