Polychain Capital leads $16 million seed round for Bitcoin restaking protocol Lombard

The Bitcoin restaking platform Lombard raised $16 million in seed funding led by the venture firm Polychain Capital.

Lombard will use the financing to grow out the Bitcoin restaking ecosystem alongside Babylon, a Bitcoin staking protocol. Once a user stakes Bitcoin via Babylon,

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Polychain Capital and Borderless Capital lead $8 million seed round for blockchain firm OpenLedgerOpenLedger builds out permissionless and data-focused infrastructure for artificial intelligence development.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Bitcoin Could Get Ethereum-Style Restaking as Startup Lombard Raises $16MSam is CoinDesk's deputy managing editor for tech and protocols. He reports on decentralized technology, infrastructure and governance. He owns ETH and BTC.
Source: CoinDesk - 🏆 291. / 63 Read more »

Polychain leads $8M seed round for Nubit to enhance blockchain scalability and multichain ecosystemNubit advances blockchain scalability with $12M total funding, integrating major Layer 2 frameworks and supporting multi-chain ecosystems, while pioneering an innovative data availability solution to unlock limitless applications in AI, SocialFi, and...
Source: Cointelegraph - 🏆 562. / 51 Read more »

Bitcoin miner sell pressure 'weakening' as BTC withdrawals drop 85%Bitcoin miners cool BTC withdrawals in June in what analysis says is 'weakening' Bitcoin sell pressure.
Source: Cointelegraph - 🏆 562. / 51 Read more »

BTC Price Dropping — Who's Actually Selling Bitcoin?Bitcoin ETF flows might not always affect Bitcoin price
Source: Utoday_en - 🏆 295. / 63 Read more »

BTC Price Dropping — Who's Actually Selling Bitcoin?Bitcoin ETF flows might not always affect Bitcoin price
Source: Utoday_en - 🏆 295. / 63 Read more »