31 May 202408:38
Project update
Babylon has raised $70 million in a funding round led by Paradigm

Babylon has raised $70 million in a funding round led by Paradigm

Among other investors are Polychain Capital, Bullish Capital, HashKey Capital, Hack VC, IOSG Ventures, Amber, Galaxy, Breyer Capital, Mantle, HTX Ventures, and LD Capital. Babylon is a Bitcoin staking protocol that pioneers the concept of native BTC staking.