#baby $BABY @BabylonLabs_io
Babylon Labs raises $15 million from a16z crypto to develop Bitcoin collateral infrastructure
this Funding will be used to build and scale Babylon Trustless BTCVaults, enabling native bitcoin to be used as onchain collateral without custodians or wrapping.
The investment will be used to advance the core technology behind BTCVaults and support integration with external applications that require verifiable, non-custodial bitcoin collateral.
Babylon Labs raises $15 million from a16z crypto to develop Bitcoin collateral infrastructure
this Funding will be used to build and scale Babylon Trustless BTCVaults, enabling native bitcoin to be used as onchain collateral without custodians or wrapping.
The investment will be used to advance the core technology behind BTCVaults and support integration with external applications that require verifiable, non-custodial bitcoin collateral.