Botanix Labs Secures $8.5M Investment for Spiderchain Layer-2 Development
Tuesday, 7 May 2024, 16:00
Botanix Labs Raises $8.5M for Bitcoin Layer-2 Project
The recent funding round secured by Botanix Labs marks a significant milestone in the development of Spiderchain, a layer-2 project focused on improving Bitcoin transaction efficiency. This investment, spearheaded by Polychain Capital and other key investors, highlights the growing interest in blockchain scalability solutions.
Key Features:
- Spiderchain designed to be compatible with Ethereum Virtual Machine (EVM) layers
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.