![2 Bitcoin L2 Projects Secure Investments to Enhance Bitcoin’s Defi Capabilities](https://static.news.bitcoin.com/wp-content/uploads/2024/05/icerrsd-768x432.jpg)
On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs, a startup focused on developing a decentralized Turing-complete L2 EVM (Ethereum Virtual Machine), garnered $11.5 million. Meanwhile, the Bitcoin L2 ZKM attracted $5 million during a pre-seed investment phase. Bitcoin L2 Projects Gain Momentum With New Financing Rounds Throughout […]
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