Bouncebit, led by top institutions, completes US$6 million in financing! Ignite the Bitcoin re-staking track?

This site (120bTC.coM): With the inscription craze and the soaring price of Bitcoin in 2023, the Bitcoin ecosystem and NFT have received a lot of attention recently, which is limited by Bitcoin Due to the limitations of native smart contracts, how to release the market value of US$1.2 trillion has become the focus of many protocols. Just today (29th), Bouncebit, which announced the completion of US$6 million in financing, is expected to solve this pain point.

What is Bouncebit?

It is understood that BounceBit is supported by the exchange Binance, and the core of innovation lies in its BTC Restake mechanism. The core of this system is that users can stake both BTC tokens and the native tokens of the BounceBit network to ensure transaction security. In particular, BounceBit's architectural design is fully compatible with the Ethereum Virtual Machine (EVM) and Solidity language, which means that a large number of projects originally running on the ETH platform can be seamlessly migrated to the BTC ecosystem.

BounceBit’s roadmap is moving towards the mainnet release in April, which will also coincide with the Bitcoin halving time. At the same time, the testnet is planned to be launched on March 3. Launched at the beginning of the month.

$6 million in financing, led by top institutions

It is worth mentioning that BounceBit recently successfully completed a round of $6 million in financing, which also gave market investors a little more interest in the project. expect. This round of financing was led by well-known venture capital firms Blockchain Capital and Breyer Capital, and also included dao5, CMS Holdings, Bankless Ventures, NGC Ventures, Matrixport Ventures, OKX Ventures, Mirana Ventures, HTX Venture Capital, Mexc Venture Capital, and Bodhi Venture Capital wait.

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