OKX Ventures invests in Bedrock, a multi-asset liquid restaking protocol, to expand Bitcoin services.
OKX Ventures has invested in Bedrock, a multi-asset liquid restaking protocol, to expand its services to Bitcoin. With backing from LongHash Ventures and Comma3 Ventures, Bedrock aims to accelerate its liquid staking solutions, drive growth, and potentially solve Bitcoin dormancy issues and capital dependence problems. The protocol has a TVL of over $200m across Ethereum and IoTeX, and plans to introduce liquid staked Bitcoin in anticipation of Babylon's mainnet launch.
May 02, 2024
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