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Introduction
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1. Project introduction
BounceBit is building a BTC restaking infrastructure that provides a foundational layer for different restaking products, secured by the regulated custody of Mainnet Digital and Ceffu. The BounceBit chain, designed as a showcase of a restaking product within the BounceBit ecosystem, is a PoS Layer 1 secured by validators staking both BTC and BounceBit’s native token – A dual-token system leveraging native Bitcoin’s security with full EVM compatibility. Critical ecosystem infrastructure like bridges and oracles are secured by restaked BTC. Through an innovative CeFi + DeFi framework, BounceBit empowers BTC holders to earn yield across multiple networks.
2. Team introduction
Founder: Jack L. - https://www.linkedin.com/in/jackngc
3. Investment institution
Seed round $6m in Feb: Blockchain Capital*, Breyer Capital*, CMS Holdings, Bankless Ventures, NGC Ventures, DeFiance Capital, OKX Ventures etc.
Strategic round in April: Binance Labs
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