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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
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Post original content on Gate Square related to WXTM or its
The Bitcoin Layer 2 network ZULU has completed its seed round financing to support the expansion of the BTC ecosystem.
Bitcoin Layer 2 Network ZULU Completes Seed Round Financing
Recently, a Bitcoin layer two protocol called ZULU Network announced the completion of its seed round financing. This innovative protocol combines the Ethereum Virtual Machine (EVM) layer and the Unspent Transaction Output (UTXO) innovation layer, bringing new possibilities to the Bitcoin ecosystem.
The architectural design of ZULU Network paves the way for the scalability and interoperability of the Bitcoin ecosystem. By combining the security of the Bitcoin blockchain with the versatility of EVM compatibility, this protocol allows developers to fully leverage the advantages of both networks to build decentralized applications (dApps). At the same time, its UTXO innovation layer introduces advanced transaction capabilities, further enhancing the efficiency of Bitcoin transactions.
Eric Lifson, co-founder of ZULU Network, stated: "This round of financing will accelerate our development process, allowing us to bring this innovative protocol to market more quickly. We look forward to enabling more developers and users to experience the potential of Bitcoin Layer 2 solutions."
The funds will primarily be used to expand the development team of the ZULU Network, advance marketing efforts, and expand community engagement programs. Through this investment, the ZULU Network aims to further enhance its protocol, strengthen security measures, and provide developers and users with a smoother integration experience.
It is worth noting that several well-known investment institutions participated in this round of financing, including venture capital firms focused on the cryptocurrency sector, funds of funds (FoF) in Asia, companies specializing in Web3 investments, and investment institutions with rich experience in the blockchain industry in Asia. The involvement of these investors not only provided funding support for ZULU Network but also brought more industry resources and exposure opportunities.
The vision of ZULU Network is "to promote the development of Bitcoin". The protocol creates a decentralized framework focused on tokenized computing power and physical infrastructure by combining the advantages of Bitcoin with the flexibility of EVM-compatible technology. As the project continues to evolve, the ZULU Network team is committed to fostering an inclusive and vibrant developer community, providing them with the necessary tools and resources to build unique applications based on this innovative protocol.