According to BlockBeats, Bitcoin-native infrastructure project BiHelix has announced the completion of its seed funding round on August 22. The round was led by SatoshiLabs, with participation from Waterdrop Capital, Founder Fund of Everything Island, UTXO, Candaq, Cognition Capital, and LK Venture. The funds will be allocated towards the development of the BiHelix Node, the construction of demonstration applications, and the establishment of an early node network.
BiHelix aims to create a highly usable and scalable application framework for the Bitcoin ecosystem. It leverages the Lightning Network and RGB protocol to implement a super smart contract layer within the Bitcoin ecosystem. This development is expected to enhance the functionality and expand the capabilities of Bitcoin-based applications.
