Kinza Finance taps into Babylon Protocol to power BTC staking, building the liquidity hub for LRTs

Kinza Finance, an innovative DeFi protocol incubated by Binance Labs, has integrated with Babylon Protocol to enhance liquidity for emerging BTC liquid restaking tokens (LRTs). Following a successful fundraising round with an $80M valuation, led by Mirana, Emirates Consortium, and GTS Ventures, Kinza Finance has launched its own liquid restaking token, kBTC, and will support all BTC LRTs through its money market.