TechFlow News: Bitroot Network, a decentralized platform focused on asset issuance and financial applications within the Bitcoin ecosystem, has announced it has received a $1 million investment from Moore Labs.
The funding will be used to accelerate technical development of BitrootVM, OP_CAT, and its restaking platform, improve infrastructure and user experience, and expand ecosystem use cases.
Moore Labs was launched by Singapore-based Moore Foundation and specializes in providing digital asset investment and financing support for entrepreneurs and investors, managing approximately $500 million in assets.
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