Bitcoin Layer 2 solution B² Network raises new funding round led by Animoca Brands

TechFlow News, October 21 — According to an official announcement, the Bitcoin Layer2 solution B² Network has announced the completion of a new funding round. This round was co-led by Spartan Group, Animoca Brands, Alliance, and Polygon Ventures, with participation from institutions including Cypher Capital, Candaq Ventures, Future Money Group, Skyland Ventures, TPC Ventures, and Maxx Capital.

B² Network stated that the raised funds will be used to enhance network performance, enrich its ecosystem, support its ecosystem fund Squared Ventures, and explore further BTCFi opportunities. Previous seed round investors include prominent firms such as HashKey Capital, OKX Ventures, IDG Capital, and KuCoin Ventures.