TechFlow news: LeverFi has announced the successful raising of $10 million in developer funding for OmniZK from leading institutions, market makers, and private investors, prior to the launch of the OmniZK testnet in Q2, to support developers building the future of BTC Fi with OmniZK.
As a security validation layer for the Bitcoin network, OmniZK enables developers to offload complex computations to any EVM layer while returning final event outcomes to the Bitcoin network for native settlement.
The fund focuses on investing in BTC Fi projects, aiming to allocate $100,000 to $500,000 at the seed stage, and will assist portfolio projects with fundraising, community growth, marketing, and exchange listings. To date, the fund has already invested in four BTC Fi projects and is preparing to support more.
