BEVM Bitcoin Layer2 Closes Seed Round with RockTree Capital, Sathoshi Lab & 20 Others
The Bitcoin Layer2 project BEVM has announced the completion of its seed round, and also a part of its Series A round, raising tens of million USD.The 20+ investors include RockTree Capital, Waterdrip Capital, Arkstream Capital, ViaBTC Capital, Satoshi Lab, Web3port, Cogitent Ventures, MH Ventures, Mapleblock, Electrum Capital, Zephyrus Capital, Lotus Capital, 7UPDAO, TimeTells plus others.
Gavin Guo, Core Builder of BEVM said “Taproot Consensus is the final result of our team’s six years of exploring Bitcoin Layer2 solutions. BEVM architecture is the most native and decentralized implementation of Bitcoin primitive & ethos into a Layer2, with the complete BEVM product shipped to the community based on MuSig2 + Bitcoin SPVs. BEVM is currently the most decentralized and secure BTC layer2 solution.
BEVM has already implemented decentralized Bitcoin cross-chain custody services through Schnorr Signature, MAST and Bitcoin SPVs.
The BTC EVM is the primary vision of BEVM, building a decentralized BTC Layer2 compatible with EVM allows seamless deployment of various EVM ecosystem applications on BEVM, increasing Bitcoin usage and commercial scenarios.Disclaimer: This is sponsored content. The information on this page is not endorsed or supported by U.Today, and U.Today is not responsible or liable for any inaccuracies, poor quality, advertising, products or other materials found within the publication.
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