Odaily Planet Daily News: Bitcoin L2 solution Bitfinity Network has announced the completion of a $12 million funding round, which includes $7 million from institutional investors such as Polychain Beacon Fund, ParaFi, Draft Ventures, and Warburg Serres, as well as $5 million raised from community over-the-counter (OTC) token sales. The project will utilize Internet Computer Protocol (ICP)’s Chain Fusion technology to enable the operation of Bitcoin native assets within the Ethereum-compatible ecosystem. Additionally, Bitfinity Network has launched, with its security enhanced by a robust proof-of-stake protocol leveraging Chain-Key technology, which provides stronger security than the traditional multi-signatures used by most L2 solutions. The ecosystem plans to host dApps such as Sonic, Chapswap, Lendfinity, and Omnity Bridge. (Cointelegraph)