October 21, 2024
B² Network announces the successful closure of a recent fundraising round, led by Spartan Group, Animoca Brands, Alliance, and P2 Ventures. This round also saw participation from Cypher Capital, Candaq Ventures, Future Money Group, Skyland Ventures, TPC, and Maxx Capital.
Project | Latest Raise Date | Lead Investor | Category |
|---|---|---|---|
B² Network | October 21, 2024 | Spartan Group, Animoca Brands, Alliance and P2 Ventures | Bitcoin |
This latest investment follows an initial seed round supported by prominent investors such as HashKey Capital, OKX Ventures, IDG, Kucoin Ventures, ABCDE, Waterdrip Capital, Satoshi Lab, OGs Fund, Antalpha Ventures, and Leland Ventures.
The newly raised funds will be used to optimize B² Network’s performance, enhance its ecosystem, support the ecosystem fund Squared Ventures, explore more BTCFi opportunities, and expand B² Network’s global presence.
About B² Network
B² Network is a cutting-edge platform designed to enhance the Bitcoin ecosystem by providing faster and cheaper transactions. It employs a combination of Bitcoin’s Proof of Work (PoW) security and Zero-Knowledge Proof (ZKP) technology to create a robust Layer-2 solution. This allows users to interact with the network using popular wallets like MetaMask and OKX Wallet. B² Network aims to support various applications, including DeFi, NFTs, and SocialFi, making it a versatile and efficient solution for the growing demands of the Bitcoin network.
Website: https://www.bsquared.network/
About Investor
Spartan Group, Animoca Brands, Alliance, and P2 Ventures. This round also saw participation from Cypher Capital, Candaq Ventures, Future Money Group, Skyland Ventures, TPC, and Maxx Capital.
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