Odaily Planet Daily News 🌟 Bitcoin L2 solution Bitfinity Network announces completion of $12 million financing! This financing was led by institutions such as Polychain Beacon Fund, ParaFi, Draft Ventures, and Warburg Serres, raising a total of $7 million, with an additional $5 million from community OTC token sales. 💰

Bitfinity Network will utilize Internet Computer Protocol (ICP)'s Chain Fusion technology to enable the operation of Bitcoin native assets within the Ethereum-compatible ecosystem. 🔗 Its security is enhanced through a 'powerful proof-of-stake protocol leveraging Chain-Key technology,' providing stronger security than traditional multi-signatures. 🔒

The ecosystem plans to host dApps such as Sonic, Chapswap, Lendfinity, and Omnity Bridge, with promising future developments! 🚀