According to ChainCatcher, the Bitcoin full-chain lending protocol Blend recently announced the completion of its seed round of financing. This round of financing was led by Mario Nawfal and IBC Group. The specific amount and valuation have not been disclosed yet.
Blend was selected for the Open Campus accelerator supported by Animoca Brands and Hackquest, as well as the BTC Studio initiated by Wanwudao and Waterdrop Capital.
Blend is a full-chain lending protocol for Bitcoin assets. It plans to deploy its protocol on public chains such as Arbitrum and Base, and connect to decentralized Bitcoin asset solutions such as dlcBTC.
Blend plans to co-host a Twitter Space event with Mario Nawfal to promote its lending protocol to veteran Bitcoin users in the United States and further expand its influence in the cryptocurrency community.
