BOB announced the completion of a $9.5 million funding round, with participation from Amber Group.

BlockBeats News, August 7th, According to techinasia, BOB, a project dedicated to building a Bitcoin and Ethereum hybrid DeFi chain, announced that it has raised $21 million in funding since December 2024.

Reportedly, BOB received $9.5 million in the latest funding round, with new investors including Anchorage, Amber Group, and Sats Ventures, as well as existing supporters Castle Island Ventures, Ledger, and RockawayX.

Castle Island Ventures had previously led BOB's $10 million seed round funding.

The company recently launched its testnet and collaborated with institutions such as Lombard, Amber Digital, and RockawayX to enable native Bitcoin DeFi transactions.