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BounceBit - Seed
Overview
Funding Date
February 28, 2024
Financing amount
$6M
Valuation
--
Category
Subcategory
About BounceBit - Seed
BounceBit has raised $6 million in a seed funding round co-led by Blockchain Capital and Breyer Capital. Other investors in the round included dao5, CMS Holdings, Bankless Ventures, NGC Ventures, Matrixport Ventures, DeFiance Capital, OKX Ventures, HTX Ventures, Calvin Liu and several angel investors.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | United States of America | 2013 | 74 | [email protected] | ||
Fund | United States of America | 2006 | 19 | [email protected] | ||
Fund | United States of America | 2022 | 37 | -- | ||
Fund | United States of America | 2019 | 155 | [email protected] | ||
Fund | Unknown | 2022 | 35 | -- | ||
Fund | Singapore | 2017 | 196 | [email protected] | ||
Fund | Singapore | 2019 | 26 | -- | ||
Fund | Singapore | 2020 | 78 | [email protected] | ||
Corporate | Hong Kong | 2017 | 144 | [email protected] | ||
Fund | Vietnam | 2017 | 15 | -- |
Founders & Team
Jack Lu
Company Profile / Project Introduction
BounceBit is the first-ever native BTC restaking chain. The BounceBit network is secured by staking both Bitcoin and BounceBit tokens. BounceBit's PoS mechanism introduces a unique dual-token staking system by leveraging native BTC security with full EVM compatibility. In a groundbreaking move, BounceBit introduces the mixed DeFi and CeFi yield mechanism, allowing BTC holders to earn yields through native validator staking, DeFi ecosystem, and a CeFi mirroring mechanism powered by Ceffu and Mainnet Digital.