TechFlow News, October 29 — According to official announcements, Bitcoin liquid staking platform PumpBTC has completed a $10 million seed round led by SevenX Ventures and Mirana Ventures, with participation from prominent institutions including UTXO and Mantle Ecosystem Fund, as well as multiple industry partners such as Quantstamp and Veda. The funding will support the launch of PumpBTC’s new product, BTC-Fi — a CeDeFi BTC liquidity vault that combines CeFi-grade security with DeFi-powered yield optimization, offering automated yield strategies that enable Bitcoin holders to maximize returns.
Since its launch in July 2024, PumpBTC has been deployed across over 10 public blockchains, accumulating a total value locked (TVL) of 3,400 BTC (approximately $240 million), and has partnered with more than 70 projects, building a multi-chain, multi-partner ecosystem that further advances the development of CeDeFi.
