The Bitcoin re-staking protocol PumpBTC has completed a $10 million seed round financing, led by SevenX Ventures and Mirana Ventures

ChainCatcher news, the Bitcoin liquidity staking platform PumpBTC announced the completion of a $10 million seed round financing, led by SevenX Ventures and Mirana Ventures, with participation from UTXO, Mantle Ecosystem Fund, Arcane Group, and others.

This financing will help PumpBTC launch its new product BTC-Fi, a CeDeFi BTC liquidity vault that combines CeFi-level security with DeFi's BTC yield optimization, providing automated yield strategies.

Since its launch in July 2024, PumpBTC has been deployed on over 10 public chains, attracting a total locked value of 3,400 BTC (approximately $240 million), and has partnered with over 70 projects to build a multi-chain, multi-partner ecosystem, further promoting the development of CeDeFi.