#baby $BABY
Funding and protocol development
Babylon Labs raised $18 million in a funding round led by Polychain Capital and Hack VC to develop its Bitcoin staking protocol.
The project expanded its developer ecosystem and prepared for public testing. �
Babylon Labs
2024 – Testnet and ecosystem growth
Babylon launched public phases of its Bitcoin staking protocol.
Major investors, including Binance Labs, backed the project.
The protocol introduced native Bitcoin staking, enabling BTC holders to help secure PoS chains without bridges, wrapping, or custodial services.
Funding and protocol development
Babylon Labs raised $18 million in a funding round led by Polychain Capital and Hack VC to develop its Bitcoin staking protocol.
The project expanded its developer ecosystem and prepared for public testing. �
Babylon Labs
2024 – Testnet and ecosystem growth
Babylon launched public phases of its Bitcoin staking protocol.
Major investors, including Binance Labs, backed the project.
The protocol introduced native Bitcoin staking, enabling BTC holders to help secure PoS chains without bridges, wrapping, or custodial services.