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BounceBit

Last funding round

Raised
$6,000,000
Round
Seed
Investors
Led by Blockchain Capital,Breyer Capital

Funding News (4)

Feb 28 2024PR Newswire

Startup details

BounceBit

BounceBit

BounceBit is building a BTC restaking infrastructure that provides a foundational layer for different restaking products, secured by the regulated custody of Mainnet Digital and Ceffu. The BounceBit chain, designed as a showcase of a restaking product within the BounceBit ecosystem, is a PoS Layer 1 secured by validators staking both BTC and BounceBit's native token – A dual-token system leveraging native Bitcoin's security with full EVM compatibility. Critical ecosystem infrastructure like bridges and oracles are secured by restaked BTC. Through an innovative CeFi + DeFi framework, BounceBit empowers BTC holders to earn yield across multiple networks.
bouncebit.io
Singapore, Singapore
Established in 2023
11-50 People
Web3

Founders

Jack Lu

Founder

Singapore

Investment details

Raised
$6,000,000
Round
Seed
Investors
Blockchain Capital
LEAD
Breyer Capital
LEAD
OKX Ventures
Bixin Ventures
CMS Holdings
NGC Ventures
BanklessVC
IDG Capital
Primitive Ventures
Nomad Capital
dao5
Matrixport Ventures
Arcane Group
Geekcartel
DeFiance Capital
General Mining Research
Mirana Ventures
HTX Ventures
Mexc Ventures
Bodhi Ventures
Nathan McCauley

Funding News (3)

Feb 28 2024The Block
Feb 28 2024AlexaBlockchain
Feb 28 2024BNN

Founder Stories

Dr. Sterghois Moschos, PulmoBioMed

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