Babylon Secures $15M from a16z to Build Bitcoin-Native Lending
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.

Source: Cointelegraph
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.