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BTCFi

BTCFi is Bifrost Network’s BTC-backed decentralized-finance product.
Category: Farm
TVL: $24

Bifrost Network

Bifrost Network is an EVM-compatible Layer 1 blockchain for building multichain applications. It connects EVM and non-EVM chains, including Bitcoin, through its Cross-Chain Communication Protocol, with validators securing both block production and cross-chain message verification. A built-in oracle delivers off-chain data natively, reducing DApp dependence on third-party oracle providers.
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Funding Rounds

Funding Round: Series A
Funding Date: 1 Feb, 2022
Raised Amount: $8.4M
Funding Round: Seed
Funding Date: 1 Jan, 2019
Raised Amount: $3.3M

Investors