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Babylon

Cryptocurrency and Blockchain Technology
Founded
--
Employees
--
Total Funding
$70.0M
Funding Rounds
1
Last Funding
2024-06-01

About Babylon

Babylon Labs focuses on Bitcoin staking to enhance the security and productivity of decentralized networks. Their mission is to enable trustless, self-custodial Bitcoin staking, allowing users to secure networks and earn rewards without wrapping or pegging Bitcoin, all within their own wallets.

Products & Services

Bitcoin Staking Protocol:A self-custodial staking solution for Bitcoin holders to secure decentralized networks and earn rewards without wrapping or bridging.
Bitcoin Supercharged Networks (BSNs):Networks that leverage Bitcoin's security and liquidity through Babylon's staking protocol to enhance their economic security and growth.
Trustless Bitcoin Vaults:A solution for Bitcoin-charged crypto economy, enabling secure staking and unbonding at any time.
Finality Providers:Validators who integrate with Babylon's protocol to validate Proof-of-Stake chains and earn rewards.

Specialties

Bitcoin Staking Decentralized Network Security Trustless Vaults Proof-of-Stake Validation

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Funding Round
T: -
FT: Funding Round 		A: 70000000
MR: -
FA: $70 million
FAN: 70000000 		D: 2024-06-01
FD: 2024-06-01 		2 investors
Funding Round Latest
2024-06-01
$70.0M
2 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

No team data available

Team information is not yet available for this company

Recent News

Babylon Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Cryptocurrency and Blockchain Technology

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.

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