CoinDesk•Wednesday, January 7, 2026 at 01:43 PM•1 min read
Babylon Labs Secures $15M from a16z Crypto for Bitcoin Collateral
The Signal TakeBullish
Babylon Labs has raised $15 million in funding from a16z crypto. The funding will be used to develop Babylon Trustless BTCVaults. This infrastructure aims to enable native Bitcoin to be utilized as onchain collateral without the need for custodians or wrapping, according to reports.
📱
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.
Related News
OpenAI Rolls Out Advanced Account Security for ChatGPT Users
Decrypt •2h ago
Crypto hacks hit record high in April as exploits kept piling up
The Block•2h ago
From Cathie Wood to Cantor Fitzgerald, the big money is betting that Robinhood’s crypto slump is just a temporary speed bump
CoinDesk•2h ago
Beyond TradFi and DeFi: Accelerating Digital Capital Markets in the UK - ripple.com
Apify/ripple.com•3h ago