Odaily News Bitcoin L2 network BOB (Build on Bitcoin) announced on X Platform that it will launch the mainnet on April 24. Earlier in March, BOB announced the completion of a $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. Later, BOB (Build on Bitcoin) announced that Coinbase Ventures joined its $10 million seed round of financing.