Babylon to Unlock Tokens on October 10

According to media reports, Layer 1 blockchain project Babylon received $15 million in funding on January 7, 2026. The investment was led by Andreessen Horowitz (A16z). Public information indicates Babylon's total funding has now exceeded $96 million, demonstrating robust growth momentum.Babylon is a Layer 1 blockchain project founded by Stanford University professor David Tse, bringing together Stanford researchers, seasoned developers, and experienced business advisors. The project aims to deliver Bitcoin’s unparalleled security to all PoS blockchains without additional energy consumption, offering an innovative security solution for the entire blockchain ecosystem.Babylon’s development has been steady and rapid. The project officially launched its mainnet in August 2024, and in March 2025 announced BABY tokenomics with a total supply of 10 billion tokens, of which 15% is allocated for community incentives. In early April, Babylon initiated a community airdrop and launched the HODLer airdrop program on major exchanges, further expanding its user base and community engagement. These measures underscore the project’s commitment to ecosystem development.As an extension of Bitcoin’s security, Babylon’s innovative architecture addresses longstanding security challenges faced by PoS blockchains. Against the backdrop of the industry’s pursuit of higher security standards, Babylon leverages Bitcoin’s security mechanisms to provide a reliable technical foundation for the ecosystem, marking significant industry relevance.

According to media reports, Babylon secured $18 million in Series A financing on December 7, 2023. The round was led by notable investors including Polychain, Hack VC, IOSG Ventures, Castle Island, Framework Ventures, P2 Ventures, OKX Ventures, ABCDE Capital, Primitive Ventures, and Breyer Capital. Following this round, Babylon’s total funding reached $96 million, further strengthening the project’s development foundation.Babylon is a Layer 1 blockchain project founded by Stanford University professor David Tse. The project aims to bring Bitcoin’s unparalleled security to all proof-of-stake (PoS) blockchains without additional energy consumption. The team comprises Stanford University researchers, senior developers, and seasoned business advisors, demonstrating robust technical and operational capabilities.Since completing its Series A round, Babylon has achieved several significant milestones. In February 2024, the project completed a new round of financing, followed by the official launch of its mainnet in August 2024, marking its transition from testing to production. In May 2024, Babylon closed a $70 million funding round, further underscoring market recognition of the project. In terms of tokenomics, Babylon announced a total supply of 10 billion BABY tokens, with 15% allocated for community incentives, reflecting a strong commitment to ecosystem development. On April 3, 2025, the project initiated an airdrop program and listed on major exchanges, further expanding its influence and user base.

According to media reports, Layer 1 blockchain project Babylon completed an $8 million Seed funding round on January 1, 2022. The round was backed by prominent institutions including IDG Capital and Breyer Capital.Babylon is a Layer 1 blockchain project founded by Stanford University professor David Tse, dedicated to bringing Bitcoin’s unparalleled security to all Proof-of-Stake (PoS) blockchains without incurring additional energy costs. The project team comprises Stanford researchers, experienced developers, and seasoned business advisors, demonstrating strong technical expertise and industry experience.Since its Seed round, Babylon has shown robust growth momentum. In March 2023, the project launched its testnet; in December 2023, it completed an $18 million Series A funding round; in February 2024, it secured additional financing; in May 2024, it raised $70 million in another funding round; and in August of the same year, the mainnet officially went live. Subsequently, the project introduced the BABY token with a total supply of 10 billion, of which 15% is allocated for community incentives. In April 2025, BABY token airdrops were launched via major exchanges, attracting widespread attention and support within the community.By introducing Bitcoin’s security mechanism into the PoS ecosystem, Babylon is expected to optimize the security and energy efficiency balance of the blockchain industry, delivering innovative solutions for the entire sector.