Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
L2 project BOB closes $1.6 million strategic round led by Ledger Ventures

L2 project BOB closes $1.6 million strategic round led by Ledger Ventures

Bitget2024/07/09 20:36
BTC+0.22%RARI0.00%ETH+0.34%

Hybrid L2 project BOB reportedly closed a $1.6 million strategic round led by Ledger Ventures, with participation from BlackRock, Rarible, Ordinals, Aave, Curve, Threshold, Magic Eden, Mechanism, Injective, Vessel Capital, Babylon and Centrifuge. One million dollars of the funds raised will be allocated to the BOB Incubator to support startups focusing on Bitcoin infrastructure and BOB dApps.BOB was founded in 2023 with the aim of merging the characteristics of Bitcoin and Ether. According to previous news, BOB closed a $10 million seed round of funding in March of this year, led by Castle Island Ventures with participation from Web3.com Ventures, Mechanism Ventures, Bankless Ventures, DFG, CMS Ventures and UTXO BOB plans to launch the first Bitcoin Layer 2 network compatible with Ethernet Virtual Machines (EVMs), enabling the execution of Ethernet-style smart contracts on the Bitcoin network.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Anchorage Digital has applied for a Federal Reserve master account.
2
Former SEC Chairman Gensler says he is "proud" of taking enforcement actions to regulate cryptocurrencies

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,948.9
+0.12%
Ethereum
Ethereum
ETH
$4,484.64
+0.27%
XRP
XRP
XRP
$2.99
-0.49%
Tether USDt
Tether USDt
USDT
$1
+0.01%
BNB
BNB
BNB
$1,026.82
+4.41%
Solana
Solana
SOL
$239.77
+0.91%
USDC
USDC
USDC
$0.9999
+0.01%
Dogecoin
Dogecoin
DOGE
$0.2677
+0.57%
TRON
TRON
TRX
$0.3478
+0.75%
Cardano
Cardano
ADA
$0.8949
-0.62%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter