HTX Ventures announces strategic investment in BounceBit to support Bitcoin restaking infrastructure development
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HTX Ventures announces strategic investment in BounceBit to support Bitcoin restaking infrastructure development
HTX Ventures announced a strategic investment in BounceBit, marking an important step forward for both parties in diversifying the Bitcoin ecosystem.
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HTX Ventures has announced a strategic investment in BounceBit, marking a significant step forward for both parties in enriching the diversity of the Bitcoin ecosystem. This investment reflects HTX Ventures’ strong commitment to driving innovation and supporting disruptive technologies within the blockchain and cryptocurrency space.
BounceBit is building a BTC restaking infrastructure platform designed to serve as a foundational layer for diverse restaking products. Through an innovative CeFi plus DeFi framework, BounceBit enables Bitcoin holders to generate yield across multiple networks. The company has successfully completed a $6 million funding round, which not only provides essential capital but also brings together a wealth of expertise and resources critical to achieving BounceBit’s vision.
A representative from HTX Ventures commented on the investment: “By introducing centralized custody into traditional sidechain architecture, BounceBit aims to address consensus and trust issues in Bitcoin sidechains. In the current environment, this hybrid centralized-decentralized approach to the Bitcoin ecosystem may be a viable solution. The product design and team demonstrate competitiveness and innovative potential in this field.”
Jack Lu, Founder and CEO of BounceBit, emphasized the importance of this investment: “The expertise and support from investors like HTX Ventures are crucial to our mission of building restaking infrastructure that generates yield for various forms of Bitcoin across multiple networks.”
Within three weeks of its early access launch, BounceBit successfully secured $445 million worth of assets. The project's core innovation lies in its BTC restaking mechanism. Unlike existing Layer 2 solutions, BounceBit interacts with Bitcoin only at the asset level, employing a Layer 1 proof-of-stake model. This dual-token system preserves Bitcoin’s native security while offering advantages in liquidity and low volatility. BounceBit will develop extensive infrastructure to explore potential applications of restaking across different types of Bitcoin assets.
Additionally, BounceBit plans to officially launch its mainnet in April, coinciding with the Bitcoin halving event, with the testnet expected to roll out in early March. Early TVL contributors will have the opportunity to earn BounceBit points via bouncebit.io.
About BounceBit
BounceBit focuses on building BTC restaking infrastructure to support a wide range of restaking products, enhanced by institutional-grade custody from Mainnet Digital and Ceffu. The BounceBit chain serves as an example of a restaking product within its ecosystem—a Layer 1 PoS chain secured by validators who stake both BTC and BounceBit’s native token. It features a dual-token architecture that leverages Bitcoin’s native security while maintaining full EVM compatibility. Key ecosystem infrastructures such as bridges and oracles are protected by restaked BTC. Through an innovative CeFi plus DeFi framework, BounceBit empowers Bitcoin holders to earn yield across multiple networks.
About HTX Ventures
HTX Ventures is the global investment arm of Huobi HTX, integrating investment, incubation, and research to identify the world’s most outstanding and promising teams. As a pioneer in the blockchain industry for over a decade, HTX Ventures drives cutting-edge technological advancements and emerging business models, providing comprehensive support—including fundraising, resources, and strategic consulting—to partner projects to build a sustainable blockchain ecosystem. To date, HTX Ventures has backed more than 200 projects across multiple blockchain sectors, with select high-potential projects listed on Huobi HTX. Additionally, HTX Ventures is one of the most active fund-of-funds (FoF) investors, collaborating with leading global blockchain funds such as IVC, Shima Capital, and Animoca Brands to grow the broader blockchain ecosystem.
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