Babylon raises $15 million from A16z Crypto to develop trustless bitcoin lending protocols.
Babylon Secures $15M Funding From A16z Crypto to Expand Bitcoin Lending
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Babylon, a bitcoin staking and lending startup founded by David Tse and Fisher Yu, announced a $15 million A16z Crypto investment. The funding will support the rollout of its trustless vaults architecture, enabling native bitcoin collateral in decentralized finance without wrapping or custodians.
The capital infusion aims to unlock dormant bitcoin capital for decentralized finance ( DeFi), positioning bitcoin as a productive collateral asset for lending, perpetual futures, and stablecoins. Babylon’s technology uses witness encryption and garbled circuits, and the rollout will initially be available where permitted by law.
Read More: Babylon and Aave Unveil Native Bitcoin-Backed Lending for Decentralized Finance Platform
🧭 FAQs
• What is the amount of funding Babylon received? Babylon secured a $15 million investment.
• When was the investment announced? The announcement was made on Jan 7, 2026.
• Where will Babylon’s lending protocol be launched first? It will launch in jurisdictions where cryptocurrency lending is legally permitted.
• Who led the investment round? A16z Crypto led the funding round.
