Bitcoin Rollup Citrea Aims to Make BTC a Programmable Asset With ZK Proofs, Raises $14M Series A
The goal of allowing greater utility on the Bitcoin blockchain is one of almost existential importance, according to Citrea
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Series A
The goal of allowing greater utility on the Bitcoin blockchain is one of almost existential importance, according to Citrea
The company plans to reach $16 million by the end of a second closing.
Payment giant Visa’s blockchain data partner AlliumLabs has raised $16.5 million in a Series A funding round led by venture capital firm Theory Ventures. Visa and Allium Labs also released their latest findings on stablecoin activity which showed which showed that demand for stablecoins has picked back up in 2024.
The Series A investment round included Ledger, Tezos, Chiron and British Business Bank.
The round also included participation from Anatoly Yakovenko, the co-founder of Solana.
The funding will go towards further developing the protocol and adding new hires. Axiom allows smart contract developers to access historical data from Ethereum and then perform intensive computations off-chain.
TRES currently services clients with combined assets worth $19 billion, helping them manage, monitor and reconcile their digital asset activity across over 100 layer-1 and layer 2-blockchain networks