Babylon Secures $15M from a16z Crypto to Boost Bitcoin-Native Lending Expansion

– How will Babylon use the new funding to enhance its lending services?

I want to make sure the details are accurate. Can you share a source or confirm key specifics about this round?
– Close date or announcement date
– Round type (seed/Series A/strategic)
– Any co-investors and lead status for a16z crypto
– How Babylon describes the use of proceeds (e.g., lending product, BTC staking/restaking, mainnet timeline)

Once I have that, I’ll produce the 600-900 word SEO-optimized article with proper headings, lists, and a short HTML table.