Babylon secures $15M from a16z Crypto for Bitcoin-native lending expansion
Babylon, a protocol for native Bitcoin staking and lending, received $15 million via a BABY token sale to fund its trustless collateral infrastructure on Wednesday. The team is building vaults that let BTC serve as onchain collateral without wrappers or custodians, with Aave V4 testing planned for Q1 2026 and a joint launch targeted for April 2026.