BTC staking protocol PumpBTC completed a $10 million seed round of financing, led by SevenX Ventures and Mirana Ventures

2024-10-28 11:59:00

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Odaily Planet Daily News BTCLiquiditystake platform PumpBTC announced the completion of a $10 million seed round of financing, led by SevenX Ventures and Mirana Ventures, with participation from well-known institutions such as UTXO and Mantle Ecosystem Fund, and attracted industry partners such as Quantstamp and Veda. This financing will help PumpBTC launch a new product called BTC-Fi, which is a CeDeFi BTC liquidity treasury that combines the security of CeFi and the BTC yield optimization of Decentralized Finance, providing automated yield strategies that allow BTCHolders to maximize their returns. Since its launch in July 2024, PumpBTC has been deployed on more than 10 public chains, attracting a total locked BTC amount of 3300 (equivalent to 220 million USD), and cooperating with more than 70 projects, building a multi-chain, multi-partner ecosystem, further promoting the development of CeDeFi.

BTC-0.95%

MNT-1.36%

QSP-2.93%

DEFI-3.37%

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