TechFlow reported on December 4 that Bitcoin infrastructure project Fiamma announced the completion of its $4 million oversubscribed seed round, co-led by Faction and L2 Iterative Ventures, with participation from BOB, SatLayer founder, among others. Fiamma is addressing Bitcoin's programmability challenges through BitVM2 and has launched two core products: Fiamma Bridge—the first minimal-trust Bitcoin cross-chain bridge based on BitVM2 (now live on Alpha testnet)—and Fiamma Layer—the first ZK verification layer for Bitcoin (now available on devnet), enabling use cases such as stablecoins, payments, and lending within the Bitcoin ecosystem.
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