đ BOB Raises $21M to Power Hybrid BitcoinâEthereum DeFi!
BOB (Build on Bitcoin) just secured an impressive $21 million in funding to drive its mission of bringing native Bitcoin DeFi to the mainstreamâno wrapped BTC required
đĄ Key Highlights:
Funding Boost: The latest round adds $9.5M, with major investors like Castle Island Ventures, Ledger, RockawayX, Bankless Ventures, Anchorage, Amber Group, and Sats Ventures jumping in.
Tech Vision: BOB fuses Bitcoinâs robust security with Ethereumâs dynamic DeFi infrastructure.
đ Current Metrics:
$212M Total Value Locked (TVL)
$132M within its BTC DeFi ecosystem
Over 553,000 users
đ§ Whatâs Next:
Mainnet launch and BTC-staked finality expected in 2025
Whale activity shows large recent accumulationâsuggesting growing investor confidence đ
đ Why It Matters:
BOB could redefine Bitcoin DeFi, allowing users to earn and interact without compromising Bitcoinâs native security.
đ¸ Current Price: Around $0.0000494 USD
đ Is BOB the next breakout DeFi project?
#BOB #BitcoinDeFi #Ethereum #DeFiNews #CryptoUpdates #BinanceSquare