Startup profile · funding coverage
Keep Network
Decentralized tBTC bridge and Keep protocol — now Threshold Network.
Stage
growth
Status
private
Coverage
full
Why Keep Network is interesting
Keep Network bridged Bitcoin to Ethereum via tBTC; Multicoin and Collaborative Fund backed alongside a16z.
Key facts
- tBTC round (Apr 2020): $7.7M led by Paradigm; Collaborative Fund, Fenbushi participated — CoinDesk
- Prior round (Dec 2018): a16z, Polychain, Draper participated — CoinDesk
- Merged with NuCypher in 2022 to form Threshold Network (T token)
Investors in our directory
Funds linked from Keep Network's profile — open a fund page for stage focus and related deal articles.
Industries
Crypto & Web3
Industry hub pages are rolling out from our fund-derived baseline taxonomy.
Related funding articles
Venture Capital Tracker pieces that cover Keep Network's financing or category context.
FAQs about Keep Network
Funding context and why this company shows up in venture coverage.
Keep Network created decentralized infrastructure for tBTC, a Bitcoin-backed token on Ethereum, using threshold cryptography. It merged with NuCypher to form Threshold Network.
Andreessen Horowitz (see /fund/andreessen-horowitz), Collaborative Fund (/fund/collaborative-fund), and Multicoin Capital (/fund/multicoin-capital) backed Keep. Paradigm led the 2020 tBTC round but is not in our fund directory.
Keep raised in 2018 and 2020 before merging into Threshold Network in 2022.
Bridging Bitcoin to DeFi without centralized custodians was a core crypto infrastructure problem; Keep's tBTC design influenced later BTC-on-ETH solutions.
Keep Network merged into Threshold Network in 2022; it no longer operates as a standalone company.
Last updated: 2026-07-24