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Will Spiderchain's network exceed Ethereum's EVM in transactions per second by the end of 2025?
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Botanix Labs•Bitcoin•Spiderchain•Polychain Capital•Placeholder Capital•Valor Equity Partners•Ethereum
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Botanix Labs Secures $11.5M for Bitcoin L2 Network Spiderchain
May 7, 2024, 04:03 PM
Botanix Labs, a Bitcoin development startup, has successfully raised $11.5 million to fund the development of its layer-2 network, Spiderchain. The funding round included contributions from Polychain Capital, Placeholder Capital, Valor Equity Partners, and other industry-leading investors. Spiderchain aims to provide functionality equivalent to Ethereum's EVM, enhancing the Bitcoin ecosystem.
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Ethereum • 33%
Both Equally • 34%
