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News
Bitcoin L2 Network BOB Closes $10 Million Funding Round

Bitcoin L2 Network BOB Closes $10 Million Funding Round

2024/03/27 16:32

BOB, a hybrid Layer2 (L2) network on Bitcoin, has closed a $10 million funding round led by Castle Island Ventures with participation from Mechanism Ventures, Bankless Ventures, CMS Ventures, UTXO Management, and angel investors Dan Held and Domo, creators of the BRC-20 token standard. BOB's goal is to launch the first Bitcoin Layer2 that is compatible with the Ethernet Virtual Machine (EVM).

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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