Bitfinity Network has launched its Bitcoin Layer-2 mainnet, bridging Bitcoin and Ethereum ecosystems.
The platform raised $12 million in total funding, with $7 million from institutional investors and $5 million through community OTC sales.
Bitfinity leverages Internet Computer Protocol’s Chain Fusion Technology for EVM compatibility and offers enhanced security through Chain-Key technology.
The platform introduces Bitgems for user engagement rewards and plans to host various decentralized applications.