fundraising-project

Bitcoin Layer 2 Network ZULU Network secures seed round funding Recently, an emerging Bitcoin Layer 2 protocol ZULU Network announced the completion of its seed round financing. The institutions participating in this round of investment include several well-known venture capital firms, such as Draper Dragon, Web3.com Ventures, CGV, PANONY, and D11 Labs. ZULU Network is an innovative Bitcoin layer two solution that uniquely integrates the Ethereum Virtual Machine (EVM) layer and the Unspent Transaction Output (UTXO) innovation layer. This architectural design sets a new standard for scalability and interoperability within the Bitcoin ecosystem. By combining the security of the Bitcoin blockchain with the versatility of EVM compatibility, ZULU Network enables developers to fully leverage both networks.

As Bitcoin increasingly asserts its role as the leading store of value asset, the demand for integration

🔹BTC price fell by 1.44% in 24 hours, currently priced at $63,074, with resistance above at the $64,000 level.🔹Account abstraction, Decentralization identity, and cat-themed memes are pumping strongly in the zone.🔹As of 4:00 AM on September 24th (UTC+0), the total net inflow of the US BTC Spot ETF was $4.56 million, while the total net outflow of the ETH Spot ETF was $79.21 million.🔹Lombard has currently minted 5,861 LBTC, with a total market capitalization of $368 million.🔹Treasure DAO, a Decentralization game platform, will launch the Treasure Layer2 network based on the ZKSync ecosystem.🔹Three projects publicly announced financing, with a total financing of over $6 million, involving infrastructure and Decentralized Finance zones.🔹LogX Foundation announced the launch of the $LOGX Airdrop Checker, rewarding users who participated in LogX V1 and LogX testnet.

The investors include Draper Dragon, CGV, PANONY, D11 Labs, etc. The pre-seed round financing of 3 million dollars has been completed in April.

According to ChinaJoy's official news, the first ChinaJoyWeb3 Conference, co-hosted by Hanwei Xinheng, Xinhuo Technology and D11 Labs, and guided by the China Audiovisual and Digital Publishing Association, will be grandly opened on July 29 in Shanghai Hall 2 of Kerry Hotel, Pudong, Shanghai.