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Bitcoin infrastructure Bool Network completes $2 million seed round of financing, Spark Digital Capital and others participate

2024-09-19 09:11
Odaily News Bool Network, a decentralized verification infrastructure for the Bitcoin ecosystem, announced on X that it has completed a $2 million seed round of financing, with participation from Antalpha Ventures, ViaBTC Capital, Spark Digital Capital, Cogitent Ventures, Web3Port, Satoshi Lab, D11 Labs, Sharding Capital, etc. The new financing will be used to further develop Bool Network's decentralized infrastructure, with a focus on unleashing the potential of BTCFi. The integration of DHC technology and Taproot enables Bitcoin holders to seamlessly interact with DeFi applications (including stablecoins, re-staking, and bridging) while maintaining self-custody and ensuring asset security.