September 12, 2024
BTA Protocol, a DeFi protocol within the Bitcoin ecosystem, has successfully raised $1.75 million in a Series A+ funding round. The round was led by Crypto Labs and included participation from Cityblok, BlackBridge, and other investors. BTA Protocol offers various applications, including staking, liquidity provision, RSP, Launchpool, and lending. As a decentralized ecosystem protocol based on Bitcoin, it provides these services to enhance the DeFi landscape.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
BTA Protocol | $1.75M | September 12, 2024 | Series A | Crypto Labs | Bitcoin, DeFi |
About BTA Protocol
BTA Protocol is a decentralized finance (DeFi) platform built on the Bitcoin network. It offers various financial services such as staking, liquidity provision, RSP (Range Stability Protocol), Launchpool, and lending. These services help users earn rewards, provide liquidity, and manage their assets more effectively. BTA Protocol aims to create a robust and flexible ecosystem for cryptocurrency users by leveraging Bitcoin’s security and decentralization.
About Investor
Investor: Crypto Labs
CryptoLabs is a research and investment company focused on cryptocurrency and blockchain space. They stay at the forefront of Web 3.0 technologies, exploring various investment opportunities and sharing their findings with the community. CryptoLabs offers educational resources, passive income strategies, and consulting services to help people navigate the crypto world and achieve financial freedom.
Website: https://x.com/Crypto____Labs
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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