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Bitcoin ecological composability DID protocol BRC-137 completed a $2.5 million seed round of financing, with participation from Basics Capital and others

The Bitcoin ecological composability DID protocol BRC-137 announced the completion of a $2.5 million seed round financing. The round was participated by institutions such as Basics Capital, DFG, Gate Labs, JSquare, etc. The funds will be used to accelerate the development and improvement of the protocol and ecological growth, to achieve a native social universe of the Bitcoin ecosystem.According to the BRC-137 white paper, BRC-137 aims to build a more diverse DID ecosystem by introducing composable prefixes and suffixes while enhancing asset liquidity.In addition, the protocol also introduces a royalty mechanism to promote the development and innovation of on-chain social patterns.

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