Babylon Secures $15M from a16z to Build Bitcoin-Native Lending
Babylon, a decentralized protocol focused on enabling native Bitcoin staking and lending, received $15 million in funding from a16z Crypto through the sale of Babylon’s native BABY (BABY) tokens to the digital asset arm of Andreessen Horowitz. In a blog post published Wednesday, a16z Crypto said the funding will support continued development of the protocol’s...
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