I'm excited to share that Antalpha has invested in the $10M seed round of Distributed Crafts, building BOB ("Build on Bitcoin").
The funding round was led by Castle Island Ventures, with participation from leading investors including Mechanism Capital, CMS Holdings, LLC, Bankless Ventures, Alliance, Asymmetric, Bitcoin Frontier Fund, UTXO Management, Web3.com Ventures, RockawayX, Zee Prime Capital, ViaBTC Capital, Lucky Friday Labs, LLC, Modular Capital, Daedalus Angels, IOSG Ventures, Hypersphere Ventures, DFG, and Nexo.
BOB ("Build on Bitcoin") is a groundbreaking platform that combines the power of Bitcoin with Ethereum's capabilities, allowing for the creation of smart contracts and innovative solutions within the Bitcoin ecosystem. It offers Full EVM compatibility, enabling developers to leverage existing tools and infrastructure from Ethereum. BOB ensures top-notch security through its roll-up functionality while maintaining seamless connectivity to Ethereum.
For more information, including quotes from Alexei Zamyatin, PhD, CEO of Distributed Crafts and Co-Founder of BOB, Nic Carter, General Partner of Castle Island Ventures, and Qiao Wang from Alliance, please refer to the article below.
The BOB Spice harvest has started, and Season 1 is an invite-only program. Check it out: https://lnkd.in/dHBHvUZj
#Crypto #Fundraising #Bitcoin #L2