BounceBit: Building a New Bitcoin DeFi Ecosystem! (Fast Track)
Project Introduction:
BounceBit is a native BTC staking chain that ensures security through staking Bitcoin and BounceBit tokens. BounceBit is supported by CEFFU (formerly Binance Custody) and Mainnet Digital for secure storage of Bitcoin. The system's PoS mechanism introduces a dual-token staking system, leveraging the security of native BTC and full EVM compatibility.
Project Financing:
BounceBit announced at the end of February that it had completed a $6 million seed round of financing, with investors including Blockchain Capital, Breyer Capital, CMS Holdings, Bankless Ventures, NGC Ventures, Matrixport Ventures, DeFiance Capital, OKX Ventures, Bixin Ventures, and HTX Ventures. Individual investors include EigenLayer Chief Strategy Officer Calvin Liu and Anchorage Digital Co-founder & CEO Nathan McCauley.
