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Bitcoin Raises $10M to Boost Institutional BTCFi

BitcoinOS Secures $10 Million to Enhance BTC Finance Tools

  • BitcoinOS (BOS) raised $10 million to expand its institutional Bitcoin finance tools and developer protocols.
  • The funding round was led by Greenfield Capital, with participation from FalconX, DNA Fund, and others.
  • BOS aims to make Bitcoin a programmable base layer for digital economies, having recently verified the first zero-knowledge proof on the Bitcoin mainnet.
  • The funds will support scaling of Grail Pro, a BTC yield protocol currently in pilot with custodians.
  • BOS also plans to facilitate trustless bridging across other blockchains like Ethereum and Cardano.

This investment highlights the growing interest in the DeFi sector for Bitcoin, as BOS seeks to leverage the liquidity held in BTC for broader utility within the digital asset ecosystem.

With this new funding, BOS is set to enhance its infrastructure significantly, including its BTC yield protocol currently being piloted with custodians. (Source)

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