crypto-first21
--
Bitcoin-DeFi startup BOB tops up funding to $21M as Castle Island, Anchorage join
Layer-2 blockchain network Build on Bitcoin (BOB) has raised $21 million in strategic funding rounds since December 2024, with $9.5 million secured in its latest round, according to a news release sent to Cointelegraph.
Many existing investors have increased their financial commitments in the latest $9.5 million strategic round, including Castle Island, along with new strategic investors Anchorage, Amber Group and sats Ventures.
BOB plans to launch BTC-staked finality by the end of 2025, with future upgrades enabling BTC-secured bridges to Solana, Ethereum, Sui and other smart-contract chains.
BOB’s testnet recently went live with support from partners including Lombard, Amber Digital and RockawayX. A mainnet launch is planned for the fourth quarter of 2025.
#USFedBTCReserve
$BTC
$SOL
Layer-2 blockchain network Build on Bitcoin (BOB) has raised $21 million in strategic funding rounds since December 2024, with $9.5 million secured in its latest round, according to a news release sent to Cointelegraph.
Many existing investors have increased their financial commitments in the latest $9.5 million strategic round, including Castle Island, along with new strategic investors Anchorage, Amber Group and sats Ventures.
BOB plans to launch BTC-staked finality by the end of 2025, with future upgrades enabling BTC-secured bridges to Solana, Ethereum, Sui and other smart-contract chains.
BOB’s testnet recently went live with support from partners including Lombard, Amber Digital and RockawayX. A mainnet launch is planned for the fourth quarter of 2025.
#USFedBTCReserve
$BTC
$SOL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
10
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number