BabylonChain

Overview
Activities
News
Decentralized Finance (DeFi)?
Product stageSegments
Go-to-Market
?
Infrastructure
?

Babylon is a Stanford-incubated blockchain protocol that lets users earn yield from staking their Bitcoin holdings. Built using the Cosmos software development kit (SDK), the protocol offers a non-custodial way for users to use Bitcoin to validate proof-of-stake chains. The protocol also offers fast unbonding and scalable restaking features to provide users with improved liquidity and yields.

Moreover, the platform provides slashable security for proof-of-stake chain developers and enables them to configure the amount of bitcoin stake to accept as well as rewards to be distributed. The company planned to launch its testnet in January 2024, aiming for mainnet deployment by April.

Key customers and partnerships

In December 2024, Babylon Labs partnered with SatLayer, a restaking platform, to make it the primary restaking platform for the Babylon protocol. The partnership enabled programmable BTC slashing and extended Bitcoin's shared security to proof-of-stake blockchains. Moreover, it provided users access to liquidity through Liquid Staking Tokens (LST) projects such as Lombard, Solv, and Bedrock.

HQ location:
Palo Alto CA USA
Founded year:
2022
Employees:
11-50
IPO status:
Private
Total funding:
USD 103.0 mn
Last Funding:
USD 70.0 mn (Series Unknown; May 2024)
Last valuation:
-
Key competitors
Filter by the segments to which the disruptor belongs
All Segmentsexpand
 
Loading...
Loading...
Loading...
Loading...
Product Overview
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Product Metrics
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Company profile
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...

EDGE Insights

Funding data are powered by Crunchbase
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.