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Babylon - Strategic
Overview
Funding Date
January 2, 2025
Financing amount
$5.3M
Valuation
--
Category
About Babylon - Strategic
With $5.3 million injection in Babylon Cap 3, its 3rd staking program, through BingX Labs' $100M Ecosystem Fund, Babylon is set to bridge Bitcoin's security with Proof-of-Stake networks, enabling BTC holders to securely stake and enhancing PoS chain resilience.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Lab | Unknown | -- | 2 | -- |
Founders & Team
David Tse
Fisher Yu
Company Profile / Project Introduction
Babylon project designs security protocols that scale Bitcoin to secure the decentralized world. To this end, Babylon utilizes the three primary facets of Bitcoin: Bitcoin the asset, Bitcoin the reliable timestamping server, and Bitcoin the blockchain that contains the most censorship-resistant blockspace in the world. Through inventing pioneering protocols, Babylon envisions a more secure and decentralized future.