Financе

Bitcoin-Based Project, in which Binance Also Invested, Received an Investment of 70 Million Dollars!

30.05.2024

According to Bloomberg, Bitcoin staking protocol Babylon raised $70 million in a financing round led by cryptocurrency investment company Paradigm.

While this was the largest investment in the Bitcoin (BTC) ecosystem in recent times, Binance Labs had previously announced that it would invest in Babylon.

According to Bloomberg, Babylon, a startup focused on Bitcoin staking, raised $70 million in its latest round of financing, led by Paradigm. This is also the largest investment in the Bitcoin ecosystem recently. Earlier, Binance Labs also announced its investment in Babylon. At…

— Wu Blockchain (@WuBlockchain) May 30, 2024

The news will be updated as details become available.

*This is not investment advice.

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30.05.2024
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