
BounceBit
BounceBit is a BTC staking chain exclusively designed for Bitcoin, backed by Breyer Capital, CEFFU and Mainnet Capital.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
* | N/A | Early VC | |
Total Funding | 000k |
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BounceBit is a pioneering company in the cryptocurrency space, focusing on creating a BTC restaking chain exclusively designed for Bitcoin. The company operates in the blockchain and cryptocurrency market, serving Bitcoin holders and investors looking to earn yield on their assets. BounceBit's business model revolves around providing a foundational layer for various restaking products, secured by regulated custody from Mainnet Digital and Ceffu. The company makes money through its innovative CeFi and DeFi framework, which allows BTC holders to earn yields across multiple networks. The BounceBit chain is a PoS Layer 1 network secured by validators staking both BTC and a native token, leveraging a dual token system with full EVM compatibility. Key infrastructure components like bridges and oracles are secured by restaked BTC, enhancing the security and functionality of the ecosystem. Additionally, BounceBit introduces the concept of the App Store and BounceBox, enabling users to deploy their own decentralized applications within the BTC ecosystem swiftly. The company is backed by notable investors such as Breyer Capital, CEFFU, and Mainnet Capital, adding credibility and financial stability to its operations.
Keywords: BTC restaking, PoS Layer 1, dual token system, EVM compatibility, CeFi DeFi framework, yield generation, regulated custody, decentralized applications, blockchain infrastructure, cryptocurrency market.