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Babylon Chain
Series A Round
Past
07 Dec - 08 Dec 2023
Babylon Bitcoin staking platform is a shared security protocol built on the Cosmos SDK, designed to enhance the economic security of PoS blockchains using $BTC and Bitcoin’s PoW security model. It acts as a security power marketplace, enabling users to provide PoS blockchains with Bitcoin staking power in exchange for rewards, while PoS networks consume this power, all underpinned by Bitcoin timestamping.
On 7th December, 2023, the Babylon crypto project closed a $18M Series A funding round led by Polychain and Hack VC. The other participants were Framework Ventures, Polygon Ventures, Castle Island Ventures and OKX Ventures.
CoinLaunch Score:
Last update:
Very High
31 Jul 2024
Babylon Chain - Series A Round Overview
start date:
07 Dec 2023
end date:
08 Dec 2023
price:
N/A
tokens for sale:
N/A
Raise:
$18,000,000
Min. Buy:
N/A
Max. Buy:
N/A
Industry:
Blockchain Infrastructure
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