According to Foresight News, the Bitcoin full-chain lending protocol Blend has completed its seed round of financing, led by Mario Nawfal, IBC Group and HackQuest. The specific financing has not been disclosed. In addition, Blend has also been selected for the Open Campus accelerator supported by Animoca Brands and Hackquest, as well as the BTC Studio initiated by ThreeDAO and Waterdrop Capital.

Blend is a full-chain lending protocol for Bitcoin assets, dedicated to providing users with efficient liquidity solutions by introducing Bitcoin as a collateral asset. Blend plans to first deploy its protocol on public chains such as Arbitrum and Base, and will connect to decentralized Bitcoin asset solutions such as dlcBTC.