According to Bloomberg news Bitcoin staking protocol Babylon, It raised $70 million in a funding round led by cryptocurrency investment firm Paradigm.
In this recent period Bitcoin (BTC) While it was the largest investment made in the ecosystem, Binance Labs had previously announced that it would invest in Babylon.
According to Bloomberg, Babylon, a startup focused on Bitcoin staking, raised $70 million in its latest round of financing, led by Paradigm. This is also the investment largest in the Bitcoin ecosystem recently. Earlier, Binance Labs also announced its investment in Babylon. Horse…
— Wu Blockchain (@WuBlockchain) May 30, 2024
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