๐ BOB Secures $21M to Power Hybrid BitcoinโEthereum DeFi! ๐
BOB (Build on Bitcoin) just locked in $21 million in funding to make native BTC DeFi a reality โ no wrapped tokens, no middlemen.
๐ก The Highlights:
โข Funding Boost: $9.5M fresh capital in the latest round, backed by Castle Island Ventures, Ledger, RockawayX, Bankless Ventures, Anchorage, Amber Group, and Sats Ventures.
โข Tech Vision: Marrying Bitcoinโs unmatched security with Ethereumโs DeFi power.
โข Ecosystem Today:
๐ $212M TVL
๐ $132M in BTC DeFi
๐ 553K+ users
โข Whatโs Next: Mainnet launch & BTC-staked finality arriving in 2025.
โข Whale Moves: Large holders are quietly accumulating โ a possible sign of strong long-term belief. ๐
๐ Why It Matters:
BOB isnโt just adding BTC to DeFi โ itโs doing it while keeping Bitcoin under its own security umbrella. If they succeed, it could redefine BTCโs role in the decentralized economy.
๐ Current Price: ~$0.0000494 USD
๐ญ Question: If BTC DeFi takes off, will BOB lead the charge?