Bitcoin second-layer network BOB completes US$10 million in seed round financing, led by Castle Island Ventures

Odaily News Bitcoin second-layer network BOB (Build on Bitcoin) announced the completion of a US$10 million seed round of financing, led by Castle Island Ventures, with participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management, as well as some angel investors. BOB is a hybrid layer 2 network that sits on top of the Bitcoin blockchain but is compatible with Ethereum. (CoinDesk)