Crypto startup Babylon, co-founded by Stanford professor David Tse, raises $70M in funding led by Paradigm to expand staff and R&D, bridging Bitcoin and Ethereum.
Babylon, a crypto startup co-founded by Stanford University engineering Professor David Tse, has raised $70 million in its latest funding round led by crypto venture capital firm Paradigm. The funds aim to expand staff and research and development, bridging the gap between Bitcoin and Ethereum. This latest investment highlights a renewed interest in Bitcoin-focused projects among venture capitalists.
May 30, 2024
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