According to Odaily Planet Daily, B² Network announced the completion of a new round of financing, led by Spartan Groups, Animoca Brands, Alliance and P2 Ventures, with participation from Cypher Capital, Candaq Ventures, Future Money Group, Skyland Ventures, TPC and Maxx Capital.

The funds from this round of financing will be used to optimize the performance of B² Network, enrich the B² Network ecosystem, support the ecological fund Squared Ventures, explore more BTCFi opportunities, and expand B² Network's influence in the global market.

As of now, the number of independent addresses on the B² Network chain exceeds 8 million, and the cross-chain TVL exceeds US$300 million.