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      BounceBit's Logo

      BounceBit - Strategic

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      April 11, 2024

      Financing amount

      --

      Valuation

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      Subcategory

      Bitcoin

      About BounceBit - Strategic

      Binance Labs announced its latest investment in BounceBit, a Bitcoin restaking and CeDeFi protocol to expand the capabilities of Bitcoin beyond traditional storage of value.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      FundMalta2018122--

      Founders & Team

      Jack Lu's Logo

      Jack Lu

      Company Profile / Project Introduction

      BounceBit is the first-ever native BTC restaking chain. The BounceBit network is secured by staking both Bitcoin and BounceBit tokens. BounceBit's PoS mechanism introduces a unique dual-token staking system by leveraging native BTC security with full EVM compatibility. In a groundbreaking move, BounceBit introduces the mixed DeFi and CeFi yield mechanism, allowing BTC holders to earn yields through native validator staking, DeFi ecosystem, and a CeFi mirroring mechanism powered by Ceffu and Mainnet Digital.

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      *Fundraising Announcement: Click here