BitcoinOS (BOS) has raised $10 million to expand its institutional Bitcoin finance tools and developer protocols.
The spherical became led by Greenfield Capital, with participation from FalconX, DNA Fund, Bitcoin Frontier Fund and a crew of angel investors including Anchorage Digital CEO Nathan McCauley and Spartan Community’s Leeor Groen, BOS announced via email on Tuesday.
BOS targets to rework Bitcoin exact into a programmable frightful layer for digital economies. The corporate made headlines after verifying the first zero-knowledge (ZK) proof on Bitcoin mainnet, a milestone enabling programmability with out altering the standard protocol.
The project is segment of the Bitcoin decentralized finance (BTCFi) sector, which has emerged within the closing couple of years to enable the deep wells of liquidity held in BTC to finance utility in other areas within the digital asset ecosystem.
BOS plans to make exhaust of the funds to scale its developer and institutional infrastructure, including Grail Professional, a BTC yield protocol now in pilot with custodians. The project also helps trustless bridging for the duration of diverse blockchain networks much like Ethereum and Cardano.
Greenfield Capital’s Jascha Samadi called the leap forward “a fundamental shift in blockchain infrastructure,” arguing BOS is popping Bitcoin into the stable basis for the broader digital asset economy.
