categories.blockchain-basics
Stanford professor raises $15 million for Babylon, a decentralized protocol to turn Bitcoin into collateral - Fortune
.1 min read
Stanford professor has successfully raised $15 million for Babylon, a decentralized protocol designed to transform Bitcoin into collateral. This funding aims to enhance the utility of Bitcoin in decentralized finance (DeFi) applications, marking a significant step in the evolution of cryptocurrency collateralization.
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