BitcoinOS (BOS) has raised $10 million to expand its institutional Bitcoin funding tools and development protocols.
The round was led by Greenfield Capital, with participation from FalconX, DNA Fund, Bitcoin Frontier Fund and a group of angel investors including Anchorage Digital CEO Nathan McCauley and Spartan Group’s Leeor Groen, BOS announced via email Tuesday.
BOS aims to transform Bitcoin into a programmable base layer for digital economies. The company made headlines after verifying the first proof of zero knowledge (ZK) on the Bitcoin mainnet, a step enabling programmability without altering the original protocol.
The project is part of the Bitcoin decentralized finance (BTCFi) sector, which has emerged over the past two years to enable deep wells of liquidity held in BTC to finance utilities elsewhere in the digital asset ecosystem.
BOS plans to use the funds to scale its development and institutional infrastructure, including Grail Pro, a BTC yield protocol currently in pilot phase with custodians. The project also supports trustless bridging between other blockchain networks such as Ethereum and Cardano.
Greenfield Capital’s Jascha Samadi called the advancement “a fundamental shift in blockchain infrastructure,” saying BOS makes Bitcoin the secure foundation of the broader digital asset economy.