According to ChainCatcher, Bitcoin infrastructure Bool Network has completed a $2 million seed round of financing, with participation from Antalpha Ventures, ViaBTC Capital, Spark Digital Capital, Cogitent Ventures, Web3port, Satoshi Lab, D11 Labs, Sharding Capital, etc. These funds will be used to further develop Bool Network's decentralized infrastructure, focusing on unleashing the potential of BTCFi.
Bool Network is committed to providing self-custody solutions for Bitcoin holders. Through the combination of the original DHC technology and Taproot, Bool Network supports users to seamlessly participate in DeFi scenarios such as stablecoins, Restaking and cross-chain bridges in a self-custody environment.
It is reported that since its launch, Bool Network has served more than 1 million users, the cumulative transaction volume of the test network has reached 12 million, and the total transaction volume of the pilot network has exceeded US$300 million.
