Bitcoin infrastructure provider Omega completes $6 million financing, with participation from Bankless Ventures and others

2024-02-07 10:01:58

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ChainCatcher news, Bitcoin infrastructure provider Omega announced that it has completed a $6 million financing round, with investors including Borderless, AlphaLab Capital, Psalion VC, Blockchain.com, Lightspeed Faction, Bankless Ventures, Blockchain Founders Fund, Side Door Ventures, Humla Ventures, XBTO, MH Ventures, Wave Digital Assets, Hyperithm, Kronos, Cadenza Ventures, and others.

According to the explanation, Omega is committed to creating decentralized infrastructure to redefine full-chain and Bitcoin DeFi. The team stated that the new funds will be used to help launch Omega's Bitcoin Web3 infrastructure, which is the first decentralized solution that allows Bitcoin holders to leverage the value of their Layer1 BTC to generate yield without bridging, wrapping, or synthesizing, thus enabling native Bitcoin to be used in DeFi.

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