Good news for the Bitcoin ecosystem. A crypto fund affiliated with a top venture capital firm recently invested $15 million in the decentralized Bitcoin protocol Babylon. This funding also reflects continued investor confidence in the Bitcoin Layer 2 ecosystem. Babylon, as a core protocol dedicated to enhancing Bitcoin's security and scalability, will use this funding to further accelerate its application development within distributed networks.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
6
Repost
Share
Comment
0/400
MetaNeighbor
· 01-07 18:58
15 million USD invested in Babylon, it seems the big players still have confidence in BTC ecosystem expansion.
View OriginalReply0
SatsStacking
· 01-07 16:58
15 million is really a big move, Babylon is solid this time
View OriginalReply0
LoneValidator
· 01-07 16:41
15 million USD invested in Babylon, BTC ecosystem is about to take off again
View OriginalReply0
PumpingCroissant
· 01-07 16:41
15 million USD invested, optimistic about Babylon's momentum... BTC ecosystem is still attracting funds.
View OriginalReply0
ShitcoinArbitrageur
· 01-07 16:38
Invested $15 million, why hasn't it skyrocketed yet?
View OriginalReply0
BlockchainTalker
· 01-07 16:36
actually, if we examine babylon's value proposition through the lens of bitcoin's trilemma... 15m is solid but let's be real—security-focused layer 2s have been the narrative du jour. the real question? whether this actually moves the needle on btc's throughput or just another vc casino move. sources say otherwise though, so maybe i'm being too cynical lol
Good news for the Bitcoin ecosystem. A crypto fund affiliated with a top venture capital firm recently invested $15 million in the decentralized Bitcoin protocol Babylon. This funding also reflects continued investor confidence in the Bitcoin Layer 2 ecosystem. Babylon, as a core protocol dedicated to enhancing Bitcoin's security and scalability, will use this funding to further accelerate its application development within distributed networks.