BOB (Build on Bitcoin) raised $9.5M in a Strategic funding round

August 7, 2025

Hybrid layer-2 network BOB (Build on Bitcoin) raised $9.5M in a Strategic funding round from Castle Island Ventures, Cathay Ledger Fund, RockawayX, Asymmetric fund, Hypersphere, IOSG Ventures, Bankless Ventures, Sigil Fund, CMS Holdings, Daedalus, Amber Group, Sats Ventures, Zee Prime Capital, Nathan McCauley.

BOB (Build on Bitcoin) is a groundbreaking Layer 2 solution with full EVM compatibility and native Bitcoin support. It’s designed to empower development and innovation on Bitcoin, leveraging the Ethereum Virtual Machine for smart contract execution. This facilitates a seamless bridge between Bitcoin and Ethereum ecosystems, offering rollup functionality secured by Bitcoin’s robust security. BOB’s ecosystem is tailored for DeFi applications and various Bitcoin use cases, aiming to connect Ethereum users, apps, and exchanges with a single click.

You can find all funding rounds, links, and details on the project page BOB (Build on Bitcoin)