a year ago

BOB Secures $1.6 Million in Funding to Bridge Bitcoin and Ethereum

  • BOB, a UK-based provider of a hybrid Layer-2 empowered by Bitcoin and Ethereum, has raised $1.6 million in strategic funding led by Ledger Ventures and various angel investors including BlackRock, Rarible, Ordinals, and others

  • This funding will be used to establish a BOB incubator to support new startups in the BTC infrastructure and BOB dapp space

  • BOB aims to bridge the gap between Bitcoin's mass adoption and Ethereum's innovation by leveraging Bitcoin's security and Ethereum's EVM capabilities.

      • ProblemTechnology

      "bridging the gap between Bitcoin's security and Ethereum's innovation"

      Solution

      "creating a hybrid Layer-2 platform that combines Bitcoin's security and Ethereum's EVM capabilities"

      Covered on