London’s BOB, a crypto infrastructure startup which combines Bitcoin’s security with Ethereum’s DeFi innovation, has completed its community sale, bringing total funding to over €21 million ($25 million).
Led by BOB labs, the sale marks an important milestone in BOB’s transition to community ownership, allocating tokens to participants around the world ahead of the upcoming Token Generation Event (TGE). The community sale was conducted through CoinList and Gate Web3 Launchpad. A total of 2% of $BOB tokens were allocated to 2,133 participants, adding €3.6 million ($4.2 million) to BOB’s total funding.
BOB co-founder Alexei Zamyatin had this to say on this latest milestone: “The community sale was an important part of our pledge to transition BOB to community ownership. As the number 1 Bitcoin DeFi platform in terms of liquidity and users, we now have an aligned group of community protocol owners who, alongside tier 1 institutional funds, DeFi founders and leading BTC businesses, will be the driving force behind BOB’s mission to become the Gateway to Bitcoin DeFi, everywhere.”
In 2025, European funding activity in crypto and digital-asset infrastructure has been marked by several notable rounds, including Agio Ratings in London securing €5 million to support banks entering the crypto market, France-based Zaiffer raising €2 million for its confidential token protocol, and Deblock obtaining €30 million for its unified euro-and-crypto banking platform – representing roughly €37 million across the sector.
Against this backdrop, BOB’s new community-sale funding, reflects the broader momentum in European blockchain infrastructure, with the UK emerging as a notable centre of activity given that both BOB and Agio Ratings are London-based, and France showing parallel growth through DeFi and digital-asset platforms such as Deblock and Zaiffer.
This community sale focused on broad distribution and rewarding early support, offering participants the opportunity to buy $BOB tokens at fully diluted valuations (FDVs) of €142 million ($165 million) (Community Member tranche) and €199 million ($230 million) (Public tranche).
Both tranches were available with 50% day 1 unlock and 50% vesting linearly over the following 3 months. The team and VC backers vest over 3 years with a 12-month cliff.
Prior to the community sale, the 2024-founded company had raised a total of €18 million ($21 million) in a number of Seed and strategic rounds.
The combined funding figure demonstrates strong backing for BOB’s mission to unlock €606 billion ($700 billion) in idle BTC as the Gateway to Bitcoin DeFi – increasing the percentage of Bitcoin used in true BTCFi from just 0.3% up to match Ethereum’s 30% DeFi utilisation.
This backing has enabled BOB to achieve technical milestones in pursuit of its vision, including becoming the first hybrid ZK rollup, launching a BitVM bridge on testnet with major institutional partners, and pioneering the first Bitcoin intents system that enables 1-click BTC access across major chains.
With TGE and the transition to full community governance around the corner, BOB will continue to focus on delivering on the Gateway to Bitcoin DeFi roadmap.
Read the orginal article: https://www.eu-startups.com/2025/11/crypto-startup-bob-completes-community-sale-lifting-overall-funding-above-e21-million/
