**Bitfinity Network Launches with $12M Funding for Bitcoin Layer-2 Solution**

Bitfinity Network has launched a new Bitcoin layer-2 solution with $12 million in funding, aiming to bring Ethereum-compatible DeFi functionality to Bitcoin. Supported by investors like Polychain and ParaFi, the project also raised $5 million from community-driven OTC token sales. Utilizing Internet Computer Protocol’s Chain Fusion Technology, Bitfinity seeks to enhance Bitcoin's scalability and cross-chain capabilities. The platform plans to host DApps and improve security with a robust proof-of-stake protocol. Internet Computer usage has surged, driven by BTC-native applications leveraging its cross-chain messaging.