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Bitcoin DeFi Project BOB Raises Another $9.5M to Build BTC DeFi Infrastructure

2025-08-07 11:05:51

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BOB, a bitcoin (BTC) decentralized finance (DeFi) protocol combining the security of Bitcoin with Ethereum’s DeFi capabilities, has raised $9.5 million in a strategic funding round. The investment bring BOB's ("Build on Bitcoin") total funds raised to $21 million, following previous raises in 2024 . The latest raise will be used to fund BOB’s vision of building the “Gateway to Bitcoin DeFi” by launching a mainnet BitVM bridge and enabling Bitcoin finality via staked BTC later this year. This wil...

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