According to ChainCatcher, the Bitcoin full-chain lending protocol Blend recently announced the completion of its seed round of financing, which was led by well-known investors Mario Nawfal and IBC Group. The specific amount and valuation have not been disclosed. At the same time, Blend was also selected into the Open Campus accelerator supported by Animoca Brands and Hackquest, as well as the BTC Studio initiated by Wanwudao and Waterdrop Capital.
It is reported that 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 to further release Bitcoin's interest-bearing ability and promote the in-depth application of Bitcoin in the DeFi field.
Mario Nawfal is a well-known American entrepreneur and investor. His Twitter Spaces has invited global political and business leaders and well-known investors including Elon Musk and former Brazilian President Jair Bolsonaro. It is reported that Blend plans to co-organize Twitter Space events with Mario Nawfal to promote its lending protocol to senior Bitcoin users in the United States and further expand Blend's influence in the cryptocurrency community.
