Babylon Labs announces strategic investment in BitVM2 developer Fiamma

01/12 06:24

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the Bitcoin Proof of Stake protocol Babylon Labs announced a strategic investment in BitVM2 development company Fiamma. The specific investment amount has not been disclosed yet. This investment will support its construction of a minimal trust Bitcoin bridge development software solution to connect to the Cosmos chain. It plans to integrate zero-knowledge technology into Bitcoin and reshape Bitcoin's application in programmable blockchain and other fields.

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