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Babylon Labs

Palo Altocomputer & network security

About

Babylon Labs is a blockchain technology company founded in 2022 and based in the United States. The company focuses on enhancing Bitcoin's utility through innovative staking protocols and security solutions. It aims to integrate Bitcoin's security into decentralized networks while allowing users to maintain self-custody of their assets. The flagship product, the Babylon Bitcoin staking protocol, enables users to stake Bitcoin directly from their wallets without the need for wrapping or bridging to other networks. This self-custodial staking allows users to earn rewards from multiple networks while retaining full control over their assets. Babylon Labs also develops Bitcoin Secured Networks (BSNs) that leverage Bitcoin’s market cap for economic security and collaborates with the Cosmos ecosystem to create a trust-minimized Bitcoin bridge. The company emphasizes decentralization and scalability, supporting simultaneous staking across various networks.