🚀 BABYLON: a16z POURS $15M TO AWAKEN THE BITCOIN "GIANT" Babylon has just received a $15 million investment from a16z crypto to realize its ambition of bringing Bitcoin into the DeFi world without sacrificing governance. Here are some key points about BTC Vaults that you need to know: - Bitcoin Native: Uses BTC as collateral directly, no need for wrapping, no need for bridging, and no need for a third party to hold the asset. - Fully autonomous: Users retain 100% of their private keys. BTC remains on the Bitcoin network but still Vai as an on-chain liquid Capital . - Security technology: Utilizing ZK-Proofs and witness encryption to enforce mortgage/liquidation conditions transparently. - Unlocking liquidation: Bringing $1.4 trillion of "dormant" Bitcoin into lending and insurance protocols. 💡 Analysis: With the backing of a16z, Babylon is transforming BTC from a static "digital gold" into a booming liquidation source for the entire on-chain financial ecosystem in 2026.
This article is machine translated
Show original

Sector:
Telegram
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content






