Bima Labs

About Bima Labs

Bima is a company focused on enhancing the value of Bitcoin through decentralized finance (DeFi) solutions. It offers a Bitcoin-backed stablecoin called USBD, aiming to provide universal yield by allowing users to stake Bitcoin, mint USBD, and earn yield across multiple blockchain networks.

Products & Services

USBD:A Bitcoin-backed stablecoin that users can mint by staking Bitcoin as collateral in Bima vaults to earn yield through lending and liquidity provision.

Bima Vaults:Secure vaults where users deposit Liquid Staking Tokens (LSTs) derived from Bitcoin to mint USBD and track real-time stats like total value locked and circulating USBD.

Supported LSTs:Liquid Staking Tokens such as bmBTC, iBTC, wBTC, and others that can be used as collateral on various blockchain networks to mint USBD and earn yield.

Specialties

Bitcoin-backed Stablecoins Liquid Staking Tokens (LSTs) Yield Generation Cross-Chain Interoperability

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Seed T: - FT: Seed	A: 2250000 MR: - FA: over $2.25 million FAN: 2250000	D: 2024-07-15 FD: 2024-07-15	14 investors

Seed Latest

2024-07-15

$2.2M

14 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

Unlock All Metrics

Mock Up

Team & Leadership

J

Jeffrey Feng

Co-Founder at Sei Labs

LinkedIn (Pro only)

D

Domo

Creator of BRC-20 Protocol

B

Brian Crain

Chorus One

LinkedIn (Pro only)

B

Brian Fabian Crain

CEO at Chorus One, Co-host at Epicenter BTC

M

mr Block

M

Mr. Block

Crypto Video Maker and Angel Investor

View 21 more team members with Pro

Unlock Full Team Directory

Recent News

Bima Labs Announces New Product Launch

2 days ago

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

Leadership Team Expands with Industry Veteran

1 week ago

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

Company Recognized as Industry Leader

2 weeks ago

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

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