Bitcoin restaking protocol BounceBit raises $6 million in seed funding; already boasts over $540 million in TVL

Bitcoin restaking protocol BounceBit raises $6 million in seed funding; already boasts over $540 million in TVL

02/28/24, 4:17 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/SG.svgsingapore
Money raised
$6 million
Industry
cryptocurrency
blockchain
Round Type
seed
Investors
Calvin Liu, Ashwin Aiyappan, Nathan Mc Cauley, Htx Ventures, Okx Ventures, De Fiance Capital, Matrixport Ventures, Ngc Ventures, Bankless Ventures, Cms Holdings, Breyer Capital, Blockchain Capital
BounceBit, a Bitcoin restaking protocol under development, has raised $6 million in a seed funding round co-led by Blockchain Capital and Breyer Capital. The seed round also included investments from CMS Holdings, Bankless Ventures, NGC Ventures, Matrixport Ventures, DeFiance Capital, OKX Ventures, and HTX Ventures, as well as angel investors such as Nathan McCauley, Ashwin Aiyappan, and Calvin Liu.

Company Info

Company
BounceBit
Location
singapore, southeast asia, singapore
Additional Info
BounceBit is a Bitcoin restaking protocol currently live in early access mode, aiming to build infrastructure and explore the use-cases of restaking for various types of bitcoin.

Related People