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Bitcoin yield platform HoneyB developer raises $5 million at $30 million valuation

Nectar Group, the developer of bitcoin income platform HoneyB, has raised $5 million in a seed funding round.

Bitcoin yield platform HoneyB developer raises $5 million at $30 million valuation
The Block
AI summary

Nectar Group, the developer behind the bitcoin income platform HoneyB, raised $5 million in a seed round at a $30 million valuation. The funding signals continued venture interest in bitcoin-native yield products despite a tough environment for crypto startups. Traders may view fresh capital into BTC-focused infrastructure as a modest confidence signal, though the deal size is too small to move prices directly.

Narrative history
1 linked story · 2 outlets · since 20 Oct
  1. 40M AGO
    Crypto Briefing · Score 25 · via HoneyB, raises $5M
  2. 53M AGO
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    Bitcoin yield platform HoneyB developer raises $5 million at $30 million valuation
    The Block · Score 35
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