BitcoinOS (BOS) has secured $10 million in funding to enhance its institutional Bitcoin finance tools and developer protocols.
The funding round was led by Greenfield Capital, with contributions from FalconX, DNA Fund, Bitcoin Frontier Fund, and several angel investors, including Anchorage Digital CEO Nathan McCauley and Spartan Group’s Leeor Groen, as announced by BOS via email on Tuesday.
The company’s goal is to reinvent Bitcoin as a programmable foundation for digital economies. BOS gained attention for verifying the first zero-knowledge (ZK) proof on the Bitcoin mainnet, achieving a pivotal step towards programmability without modifying the underlying protocol.
This initiative is part of the Bitcoin decentralized finance (BTCFi) realm, which has emerged over the past few years to utilize the substantial liquidity in BTC for financing within the digital asset landscape.
BOS intends to allocate the funds towards scaling its developer and institutional infrastructure, including Grail Pro, a BTC yield protocol currently in pilot with custodians. The project also facilitates trustless bridging across various blockchain networks such as Ethereum and Cardano.
Greenfield Capital’s Jascha Samadi referred to the development as “a fundamental shift in blockchain infrastructure,” asserting that BOS is positioning Bitcoin as a secure backbone for the wider digital asset economy.
