Breaking: Bitcoin Layer2 Network BOB Announces Mainnet Launch Delay to Enhance Security

According to media reports, BOB raised $9.5 million in a new funding round on August 7, 2025. Investors in this round include Anchorage, Amber Group, Castle Island, Ledger, RockawayX, and Sats Ventures, among others. With this round, BOB's total cumulative funding has reached $21.1 million.BOB (Build On Bitcoin) is an EVM rollup technology stack with native Bitcoin support, dedicated to building decentralized applications on the Bitcoin ecosystem, leveraging protocols such as Ordinals, Lightning, and Nostr. Since its inception, BOB has experienced rapid growth: it completed a $10 million funding round in March 2024 and subsequently launched its mainnet in May 2024. In July of the same year, the project secured an additional $1.6 million in funding, demonstrating robust development momentum.The successful completion of this funding round not only reflects investor confidence in BOB's technical capabilities and growth prospects but also underscores the market's continued interest in scalability solutions for the Bitcoin ecosystem. As a critical infrastructure bridging the Bitcoin network and the EVM ecosystem, BOB is expected to play a significant role in advancing the expansion of Bitcoin network functionalities and application scenarios.

According to media reports, BOB completed a $10 million funding round on March 27, 2024. This round saw participation from several prominent institutions, including Castle Island, Coinbase Ventures, Bankless Ventures, and Mechanism Capital. Following this latest round, BOB’s cumulative funding has reached $21.1 million.BOB (Build On Bitcoin) is an EVM-compatible rollup technology stack with native Bitcoin support, designed to enable developers to build decentralized applications on Bitcoin ecosystem protocols such as Ordinals, Lightning, and Nostr. Since its inception, BOB has demonstrated rapid growth. Historical funding records indicate that the project secured $1.6 million in July 2024 and is planning a new $9.5 million funding round in August 2025. Notably, BOB officially launched its mainnet in May 2024, marking a significant milestone in its development.As the Bitcoin ecosystem continues to evolve, BOB’s technological innovation brings new possibilities to the Bitcoin network. By providing EVM compatibility, the project enables Ethereum developers to more easily migrate their applications to the Bitcoin network, thereby contributing to the prosperity of the Bitcoin ecosystem. This funding round will further accelerate BOB’s technology development and ecosystem expansion, injecting fresh momentum into the advancement of the application layer on the Bitcoin network.

According to industry media reports, BOB raised $1.6 million in funding on July 9, 2024. The investment was led by Ledger Cathay Capital. With this round, BOB’s total funding has reached $21.1 million.BOB is an EVM rollup technology stack with native Bitcoin support, dedicated to building decentralized applications on top of Ordinals, Lightning, and Nostr. Since its inception, the project has grown rapidly and launched its mainnet on May 1, 2024. In its funding history, BOB secured $10 million in March 2024, followed by this $1.6 million round in July, and is scheduled to complete a $9.5 million funding round in August 2025.As the Bitcoin ecosystem continues to evolve, more developers are exploring the potential for building applications on the Bitcoin network. Serving as a key infrastructure bridging Bitcoin and the EVM ecosystem, BOB leverages innovative technology to provide developers with expanded opportunities, potentially driving further growth in Bitcoin network applications. This latest funding will support BOB in enhancing product functionality, expanding market presence, and contributing to the overall development of the Bitcoin ecosystem.