TechFlow reports that Chakra, a Bitcoin restaking protocol based on zero-knowledge technology, has announced on X the completion of a new funding round. Investors include StarkWare, Bixin Ventures, Cogitent Ventures, and Trustless Labs, though specific figures and valuation details have not been disclosed. Chakra enables users to stake Bitcoin while retaining asset ownership, allowing participation in the consensus and governance of PoS blockchains—including Bitcoin L2s—and facilitating the creation of derivatives that interact with DeFi applications.
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