According to ChainCatcher, BTA Protocol has completed a US$2 million seed round of financing. This round of financing was jointly invested by RunaCapital, MTCapital, PanteraCapital, MGCapital, and MiranaVentures.
It is reported that BTA Protocol is a decentralized ecological protocol based on BTC. BTA Protocol has application protocols such as staking protocol, liquidity protocol, range stability protocol (RSP), launch pool and lending protocol. Since its release, the protocol has been officially deployed on the X Layer mainnet and is currently in the closed beta stage.