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Tam_Pham83
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$BOB Highlights about BOB today
1. Raised 21 million USD from major funds
The Build on Bitcoin (BOB) project has just completed a funding round totaling 21 million USD, with 9.5 million USD from the latest round including notable investors such as Castle Island Ventures, Anchorage, Amber Group, and sats Ventures.
2. Clear product progress
The BitVM bridge testnet (a bridge that allows the use of original Bitcoin in DeFi) has been launched with support from many major partners.
The mainnet is expected to launch in Q4 2025, a significant milestone for the commercial development of the platform.
3. Impressive DeFi metrics
BOB's TVL (Total Value Locked) currently stands at approximately 212 million USD, of which 132.2 million USD comes from DeFi, with over 553,000 users participating on the platform.
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Summary of "good news today"
Factor Details
Funding 21 million USD with a new round of 9.5 million USD from major funds Product BitVM bridge testnet is operational, mainnet is expected in Q4/2025 DeFi metrics TVL 212 million USD; 132.2 million USD DeFi TVL; 553,000 users
General assessment: BOB is clearly demonstrating potential and is being systematically invested in – from strong fundraising, clear product progress to impressive TVL figures and active users. This is a positive signal indicating that the project is on the right track and attracting attention in the DeFi community.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.