According to BlockBeats, on August 19, Cointelegraph reported that Polychain Capital announced an investment of $6.7 million in Corn, a Bitcoin-centric revenue-generating network.
Corn is a new Ethereum L2 network that uses a tokenized Bitcoin as the network's gas fees and economic incentives, codenamed BTCN.
Corn, which went live on August 19, aims to increase the utility of the world’s first cryptocurrency and introduce new yield-generating opportunities, according to Chris Spadafora, the founder of Corn and BadgerDAO.