Bitcoin Layer2 project BEVM announced the launch of its mainnet on X platform. The mainnet is open to everyone, based on Taproot consensus to achieve complete decentralization, and applies MAST to achieve automatic signature.
Earlier, BEVM announced the completion of seed round financing and part of the A round financing on the X platform, with a financing amount of tens of millions of dollars. Nearly 20 institutions, including ArkStream Capital, RockTree Capital, Waterdrip Capital, ViaBTC Capital, Satoshi Lab, Web3port, Cogitent Ventures, MH Ventues, Mapleblock, Electrum Capital, Zephyrus Capital, Lotus Capital, 7UPDAO, TimeTells, participated in the investment, with a post-investment valuation of US$200 million. The new financing will be used to establish a more decentralized Bitcoin ecosystem based on Taproot Consensus.