BTC L2 Solution Bitfinity Network announces completion of $12 million financing

BTC L2 solution Bitfinity Network announced the completion of a $12 million financing, including $7 million invested by institutions such as Polychain Beacon Fund, ParaFi, Draft Ventures, and Warburg Serres, as well as $5 million raised through community over-the-counter (OTC) token sales. The project will utilize the Chain Fusion technology of the Internet Computer Protocol (ICP) to enable the operation of BTC native assets in the ETH-compatible ecosystem. (Cointelegraph)