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      BounceBit's Logo

      BounceBit - Seed

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      February 28, 2024

      Financing amount

      $6M

      Valuation

      --

      Category

      Infrastructure

      Subcategory

      Bitcoin

      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 VenturesCalvin Liu and several angel investors.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      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's Logo

      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.

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      *Fundraising Announcement: Click here