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BitcoinOS Raises $10M to Expand Institutional BTCFi Capabilities

Greenfield Capital led the round with backing from FalconX, Bitcoin Frontier Fund and DNA Fund to advance zero-knowledge-powered Bitcoin infrastructure

Oct 21, 2025, 3:39 p.m.
Photo of Edan Yago standing in front of  a sponsor board. (Courtesy: BitcoinOS)
BitcoinOS, co-founded by Edan Yago (pictured) has raised $10 million to expand its institutional Bitcoin finance tools and developer protocols. (BitcoinOS, modified by CoinDesk)

What to know:

  • BitcoinOS raised $10 million from Greenfield Capital, FalconX, Bitcoin Frontier Fund, DNA Fund and others.
  • The platform verified the first-ever ZK proof on Bitcoin’s mainchain and is developing protocols for institutional BTC yield and cross-chain interoperability.
  • Funds will accelerate rollout of developer and institutional tools, including the Grail Pro protocol for institutional Bitcoin finance.

BitcoinOS (BOS) has raised $10 million to expand its institutional Bitcoin finance tools and developer 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 on Tuesday.

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BOS aims to transform Bitcoin into a programmable base layer for digital economies. The company made headlines after verifying the first zero-knowledge (ZK) proof on Bitcoin mainnet, a milestone enabling programmability without altering the original protocol.

The project is part of the Bitcoin decentralized finance (BTCFi) sector, which has emerged in the last couple of years to enable the deep wells of liquidity held in BTC to finance utility elsewhere in the digital asset ecosystem.

BOS plans to use the funds to scale its developer and institutional infrastructure, including Grail Pro, a BTC yield protocol now in pilot with custodians. The project also supports trustless bridging across other blockchain networks such as Ethereum and Cardano.

Greenfield Capital’s Jascha Samadi called the breakthrough “a fundamental shift in blockchain infrastructure,” arguing BOS is turning Bitcoin into the secure foundation for the broader digital asset economy.

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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