According to BlockBeats, Bitroot Network, a decentralized platform within the Bitcoin ecosystem, will launch its incentive testnet on September 12. The platform aims to offer services such as asset issuance, management, trading, innovative applications, and financial services within the Bitcoin ecosystem.

On September 9, Bitroot Network announced that it had secured a $1 million investment from Moore Labs. This funding is intended to support the development of the Bitcoin ecosystem's financial network.