According to official news, Nubit, the native Bitcoin DA layer project, completed a $3 million Pre-Seed round of financing, with participation from OKX Ventures, dao5, Primitive Ventures and others.
It is reported that Nubit collaborated with BRC-20 creator Domo to develop the Modular Indexer, which allows users to self-verify the validity of data at low cost, thereby ensuring the integrity and trust of the entire ecosystem. This development is a key step towards a decentralized future for the Bitcoin ecosystem and is reinforced by Nubit’s collaborations with projects such as Babylon, Merlin Chain and BounceBit.
In addition, Nubit has advanced its Pre-Alpha testnet process and plans to launch the mainnet later this year.
According to previous news in January, Nubit completed angel round financing, with Bounce Brand co-founders and domo participating in the investment, but the amount of financing was not disclosed. #icp