Boringdao Raises $1.4M: Project's Tokenized BTC Bridge Backed by 200% Collateral

Boringdao Raises $1.4M: Challenge’s Tokenized BTC Bridge Backed by 200% Collateral

There’s a brand new tokenized bitcoin undertaking coming to the decentralized finance (defi) ecosystem that’s just lately obtained $1.Four million from blockchain buyers. The undertaking known as Boringdao, a decentralized bridge between Ethereum and different blockchains, plans to launch the corporate’s bBTC tunnel this month with the intention to introduce one other tokenized bitcoin. On …

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