TechFlow news, Bitcoin L2 MAP Protocol has announced a strategic investment from Alchemy Pay.
Shawn Shi, Co-Founder of Alchemy Pay, said: "We are thrilled to strategically invest in MAP Protocol. We've been following MAP Protocol for over three years—the team possesses cutting-edge technical capabilities and deep expertise in ecosystem development. We share a common vision and great enthusiasm for jointly building the next generation of decentralized financial applications and ecosystems on Bitcoin."
Established in 2019, MAP Protocol completed five years of development and is a Bitcoin Layer 2 solution enabling peer-to-peer cross-chain interoperability. By leveraging Bitcoin's security mechanisms, MAP Protocol allows assets and users from other public blockchains to seamlessly interact with the Bitcoin network. It not only enhances network security but also enables BRC20 cross-chain functionality. Alchemy Pay is a payment solutions provider whose partners include Mastercard, Visa, Google Pay, and Apple Pay.
Previously, MAP Protocol has also received strategic investments from institutions including Waterdrip Capital, Alpha Token Capital, LK Ventures, Bitrise Capital, and Ticker Capital.
