BOB’s $9.5M Funding Surge Supercharges Bitcoin DeFi Infrastructure Buildout
Bitcoin's DeFi ecosystem just got a turbo boost—BOB, the cross-chain liquidity project, locked in another $9.5 million to expand its BTC-based infrastructure. Investors are doubling down despite crypto winter’s lingering chill.
Why it matters: While TradFi banks fight over 0.05% rate hikes, BOB’s war chest signals real yield is being built on Bitcoin’s bedrock. The project aims to bridge Bitcoin’s $500B+ idle value into DeFi’s yield engines.
The cynical take: Another nine-figure round for unproven crypto infrastructure? At least this one’s backed by Bitcoin’s immutable math—not some VC’s ‘trust me bro’ spreadsheet.