PumpBTC Secures $10 Million Funding to Launch Innovative BTC-Fi Liquidity Vault for Bitcoin Holders

On October 28, COINOTAG revealed that PumpBTC, a prominent Bitcoin liquidity staking platform, successfully secured $10 million in its initial funding round. This financing effort was spearheaded by SevenX Ventures and Mirana Ventures, with additional backing from recognized entities such as UTXO and the Mantle Ecosystem Fund. Notably, industry leaders like Quantstamp and Veda have also joined as partners. The newfound capital will facilitate the launch of BTC-Fi, an innovative CeDeFi BTC liquidity vault designed to merge traditional finance security with decentralized finance yield optimization. This automated strategy aims to enhance returns for Bitcoin investors. Since its inception in July 2024, PumpBTC has expanded its presence across over 10 public blockchains, accumulating a total lock-up of approximately 3,300 BTC (valued at around $220 million) and establishing collaborations with more than 70 projects to create a robust multi-chain ecosystem, thereby advancing the growth of CeDeFi.