January 10, 2025
Alpen Labs has raised $8.5 million in a strategic funding round co-led by DBA Crypto and Cyber Fund. The investment aims to support the development and mainnet launch of Strata BTC, a protocol focused on enhancing Bitcoin’s infrastructure for decentralized finance (DeFi) applications. Strata BTC’s launch is scheduled for 2025, with the funding directed toward scaling its capabilities and preparing it for broader adoption.
Strata BTC is designed to address scalability and interoperability challenges within Bitcoin's ecosystem. The protocol is expected to enable developers to build a variety of DeFi use cases on Bitcoin, establishing it as a more versatile platform. With backing from blockchain-focused investors, Alpen Labs aims to position Strata BTC as a key component in the next phase of Bitcoin's evolution.
About Alpen Labs
Alpen Labs is a blockchain development company focused on creating infrastructure to unlock Bitcoin’s potential in decentralized finance. Its flagship product, Strata BTC, is designed to enable scalable and interoperable DeFi solutions on Bitcoin. The protocol’s mainnet is set to launch in 2025, offering tools for developers to build a broader range of applications.
Website: https://www.alpenlabs.io/
X: @AlpenLabs
About Investors
DBA Crypto
DBA Crypto is a blockchain-focused investment firm specializing in early-stage companies and Web3 projects. It provides capital and strategic support to advance blockchain technologies.
Location: British Columbia, Canada
Website: http://dbacrypto.com/
Cyber. Fund
Cyber. Fund is a venture capital firm that invests in blockchain and digital asset projects. The firm focuses on supporting blockchain-based solutions and decentralized technologies.
Location: Cayman Islands
Website: https://cyber.fund/
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