Bitcoin Layer 2 Protocol ZULU Network Completes Seed Round Financing

Recently, ZULU Network announced the completion of its seed round financing. The project is an innovative Bitcoin Layer 2 protocol that seamlessly integrates the EVM (Ethereum Virtual Machine) layer and the UTXO (Unspent Transaction Output) innovation layer. This round of financing attracted the participation of several well-known investment institutions.

The architecture of ZULU Network brings a new standard of scalability and interoperability to the Bitcoin ecosystem. By combining the security of the Bitcoin blockchain with the versatility of EVM compatibility, this protocol enables developers to fully leverage the advantages of both networks to build decentralized applications (dApps). In addition, its innovative UTXO layer introduces advanced transaction features that significantly enhance the efficiency of Bitcoin transactions.

Eric Lifson, co-founder of ZULU Network, stated: "This funding will accelerate our development process and help us bring our innovative protocol to market, allowing more people to experience the potential of Bitcoin's second layer solution. We are excited to have the support of these outstanding investors who share our vision for a more universal and scalable Bitcoin ecosystem."

The funds raised in this round of financing will be used to expand the development team of ZULU Network, advance marketing strategies, and strengthen community engagement plans. Through this investment, ZULU Network aims to optimize its protocol, enhance security measures, and provide developers and users with a smoother integration experience.

Among the institutions participating in this round of investment, several influential investment firms in the cryptocurrency field are included. They have previously supported multiple well-known blockchain projects and companies, covering various areas such as wallets, exchanges, and Layer 2 solutions. The involvement of these investment institutions not only brings financial support to ZULU Network but also provides valuable industry resources and experience for its future development.

The vision of ZULU Network is "to drive Bitcoin forward." The project creates a decentralized framework focused on tokenized computing power and physical infrastructure by combining the underlying 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.