Bitcoin full-chain lending protocol Blend completes seed round financing, led by Mario Nawfal and IBC Group
Bitcoin full-chain lending protocol Blend recently announced the completion of a seed round of financing led by well-known investors Mario Nawfal and IBC Group. The specific amount and valuation have not been disclosed yet. At the same time, Blend has also been selected for the Open Campus accelerator supported by Animoca Brands and Hackquest, and the BTC Studio initiated by All Things Island United Water Drop Capital.
It is reported that Blend is a full-chain lending protocol for bitcoin assets, dedicated to providing users with efficient liquidity solutions by introducing bitcoin as a collateral asset. Blend plans to first deploy its protocol on public blockchains such as Arbitrum and Base, and will connect to decentralized bitcoin asset solutions such as dlcBTC to further release bitcoin's interest-bearing ability and promote the deep application of bitcoin in the DeFi field. Mario Nawfal is a well-known American entrepreneur and investor. His Twitter Spaces has invited global political and business leaders and well-known investors including Elon Musk, former Brazilian President Jair Bolsonaro, etc.
Blend plans to co-host a Twitter Space event with Mario Nawfal to promote its lending protocol to the veteran Bitcoin client base in the United States, further expanding Blend's influence in the cryptocurrency community.