London’s BOB, a crypto infrastructure startup which mixes Bitcoin’s safety with Ethereum’s DeFi innovation, has accomplished its group sale, bringing complete funding to over €21 million ($25 million).
Led by BOB labs, the sale marks an vital milestone in BOB’s transition to group possession, allocating tokens to members world wide forward of the upcoming Token Era Occasion (TGE). The group sale was carried out by means of CoinList and Gate Web3 Launchpad. A complete of two% of $BOB tokens have been allotted to 2,133 members, including €3.6 million ($4.2 million) to BOB’s complete funding.
BOB co-founder Alexei Zamyatin had this to say on this newest milestone: “The group sale was an vital a part of our pledge to transition BOB to group possession. As the #1 Bitcoin DeFi platform when it comes to liquidity and customers, we now have an aligned group of group protocol house owners who, alongside tier 1 institutional funds, DeFi founders and main BTC companies, would be the driving drive behind BOB’s mission to change into the Gateway to Bitcoin DeFi, in all places.”
In 2025, European funding exercise in crypto and digital-asset infrastructure has been marked by a number of notable rounds, together with Agio Rankings in London securing €5 million to assist banks coming into the crypto market, France-based Zaiffer elevating €2 million for its confidential token protocol, and Deblock acquiring €30 million for its unified euro-and-crypto banking platform – representing roughly €37 million throughout the sector.
In opposition to this backdrop, BOB’s new community-sale funding, displays the broader momentum in European blockchain infrastructure, with the UK rising as a notable centre of exercise on condition that each BOB and Agio Rankings are London-based, and France displaying parallel development by means of DeFi and digital-asset platforms equivalent to Deblock and Zaiffer.
This group sale targeted on broad distribution and rewarding early assist, providing members the chance to purchase $BOB tokens at totally diluted valuations (FDVs) of €142 million ($165 million) (Neighborhood Member tranche) and €199 million ($230 million) (Public tranche).
Each tranches have been out there with 50% day 1 unlock and 50% vesting linearly over the next 3 months. The group and VC backers vest over 3 years with a 12-month cliff.
Previous to the group sale, the 2024-founded firm had raised a complete of €18 million ($21 million) in numerous Seed and strategic rounds.
The mixed funding determine demonstrates sturdy backing for BOB’s mission to unlock €606 billion ($700 billion) in idle BTC because the Gateway to Bitcoin DeFi – growing the proportion of Bitcoin utilized in true BTCFi from simply 0.3% as much as match Ethereum’s 30% DeFi utilisation.
This backing has enabled BOB to realize technical milestones in pursuit of its imaginative and prescient, together with turning into the primary hybrid ZK rollup, launching a BitVM bridge on testnet with main institutional companions, and pioneering the primary Bitcoin intents system that permits 1-click BTC entry throughout main chains.
With TGE and the transition to full group governance across the nook, BOB will proceed to concentrate on delivering on the Gateway to Bitcoin DeFi roadmap.
