Babylon receives $15M from a16z Crypto to expand Bitcoin-native lending

The investment was made through the purchase of BABY tokens to support the development of Babylon’s trustless Bitcoin collateral infrastructure.
Source: Babylon receives $15M from a16z Crypto to expand Bitcoin-native lending (https://cointelegraph.com/news/babylon-raises-15m-from-a16z-crypto-to-unlock-bitcoin-for-staking-and-onchain-credit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)