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Babylon receives $15M from a16z Crypto to expand Bitcoin-native lending

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Babylon receives $15M from a16z Crypto to expand Bitcoin-native lending

Babylon has secured $15 million in funding from a16z Crypto, aimed at enhancing its Bitcoin-native lending platform. The investment was executed through the acquisition of BABY tokens, which will bolster the development of Babylon’s trustless Bitcoin collateral infrastructure.

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Source: CoinTelegraph · Report an issue