Babylon raised $15 million from a16z Crypto to develop Bitcoin-native staking and lending infrastructure aimed at using BTC as onchain collateral without custodians or wrappers.
Babylon, a decentralized protocol focused on enabling native Bitcoin staking and lending, received $15 million in funding from a16z Crypto through the sale of Babylon’s native BABY (BABY) tokens to the digital asset arm of Andreessen Horowitz.
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Source: Cointelegraph | Published: 2026-01-07T20:48:35Z
Credit: Cointelegraph
