Bitcoin Staking Project Babylon Raises $70M Led by Paradigm

Bitcoin Staking Project Babylon Raises $70M Led by Paradigm

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Source: Coindesk.com

Babylon offers bitcoin as a staking asset, allowing proof-of-stake chains to acquire funding from the deep reserves stored in BTC. The latest funding round follows an $18 million raise in December.

Bitcoin project Babylon has raised $70 million in funding to advance its plans to build staking on the world's largest

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The post "Bitcoin Staking Project Babylon Raises $70M Led by Paradigm" appeared first here Coindesk.com.

Source: Coindesk.com

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