BSquared Network announced the successful completion of its seed round financing, with investors including HashKey Capital, OKX Ventures, IDG Capital, Kucoin Labs, ABCDE, Waterdrip Capital, OGs FUND and Antalpha Group. BSquared Network uses ZK Rollup technology to solve the scalability challenges of Bitcoin while ensuring the same security as the Bitcoin mainnet and being compatible with EVM. At the same time, BSquared Network also provides a data availability layer for other Bitcoin Rollups, making it the first data availability layer in the Bitcoin ecosystem.
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