Modular BTC Layer2 one-click chain issuance platform UTXO Stack completed seed round financing, ABCDE and SNZ Capital jointly led the investment
UTXO Stack, a modular BTC Layer2 one-click chain launching platform, has completed its seed round of financing. The round was jointly led by ABCDE and SNZ Capital, with strategic investment from CKB Eco Fund, and follow-on investment from OKX Ventures, Waterdrip Capital, Matrixport, y2z Ventures, DRK Lab, and UTXO Management, the investment department of BTC Inc, the parent company of Bitcoin Magazine.It is reported that UTXO Stack will be committed to expanding the Bitcoin ecosystem, helping project developers launch BTC Layer2 based on the UTXO architecture with one click, and natively integrating the RGB++ protocol capability, enabling seamless interoperability between BTC and Stack parallel Layer2 without the need for cross-chain bridges. Layer2 security can be guaranteed by pledging BTC, CKB, and BTC L1 assets.
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