🎉 Citrea has just secured $14.00M in its latest funding round! 🎉
🔹About: Citrea launched in 2024, aiming to enhance Bitcoin's capabilities with the first ZK Rollup on the Bitcoin network. By utilizing zero-knowledge proofs, Citrea enables more complex applications and smart contracts on Bitcoin without compromising its security and decentralization. The project seeks to transform Bitcoin into a programmable asset, increasing its utility and scalability. Citrea has raised significant funding, including a $14 million Series A led by Peter Thiel's Founders Fund, to support its development and expansion. The project is led by a team with extensive experience in blockchain technology and aims to keep the demand for Bitcoin within its network while ensuring on-chain verifiability and data availability.🚀🌐
🔹 Lead Investors: Galaxy, Balaji Srinivasan, Delphi Ventures, Founders Fund and many more.
🔹 Total Raised: $16.70M.
🔹 Project Category: Bitcoin Scaling, BTC Ecosystem.
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