On October 21st, Bitcoin re-pledging platform Echo completed its Pre-Seed round of financing, with participation from ABCDE Labs, The Spartan Group, Maelstromfund, Selini Capital, Presto Labs, Sats Ventures, Web3Port Labs, Aptos, and Movement Labs. Echo is a Bitcoin liquidity re-pledging infrastructure layer on MoveVM, aimed at introducing BTC liquidity and re-pledging solutions into the Move ecosystem.
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