Botanix Labs Raises $8.5 Million for DeFi Ecosystem Expansion
Tuesday, 7 May 2024, 13:05
Botanix Labs Funding Milestone
Botanix Labs has secured $8.5 million in funding to further establish its position within the Bitcoin-native DeFi ecosystem. This recent influx of capital, combined with the $3 million pre-seed round from last year, brings the total funding to $11.5 million.
Key Highlights:
- Significant Investment: $8.5 million secured for expansion.
- Growth Strategy: Focus on developing a Bitcoin-native DeFi ecosystem.
- Innovation Drive: Funding aimed at advancing technology and services in the DeFi space.
Botanix Labs aims to leverage the funding to drive impactful changes and advancements in the decentralized finance sector, specifically by integrating Bitcoin into the core infrastructure.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.