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UTXO Stack - Seed
Overview
Funding Date
April 4, 2024
Financing amount
--
Valuation
--
Catagory
About UTXO Stack - Seed
The modular BTC Layer2 blockchain launch platform, UTXO Stack, has successfully completed its seed funding round. This round was co-led by ABCDE and SNZ Capital, strategically invested by CKB Eco Fund, with additional participation from OKX Ventures, Waterdrip Capital, Matrixport, y2z Ventures, DRK Lab and UTXO Management (the investment arm of BTC Inc., publisher of Bitcoin Magazine).
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Singapore | 2022 | 25 | -- | ||
| Corporate | Hong Kong | 2017 | 116 | support@okex.com | ||
| Fund | China | 2017 | 66 | contact@waterdrip.io | ||
| Fund | Singapore | 2019 | 24 | -- | ||
| Fund | -- | -- | 19 | -- | ||
| Fund | -- | -- | 4 | -- | ||
| Fund | United States of America | 2019 | 15 | IR@utxo.management | ||
| Fund | Unknown | 2024 | 1 | -- |
Founders & Team
Cipher Wang
Company Profile / Project Introduction
UTXO Stack is a modular BTC Layer2 blockchain launch platform. It's built upon Bitcoin's native UTXO model, ensuring seamless integration and compatibility with the Bitcoin blockchain. This innovative architecture helps developers create high-performance parallel chains, hoping to offer near-unlimited scalability without compromising network security, thus fostering the Bitcoin ecosystem's growth. With the UTXO stack, BTC Layer2 with the capability to create Turing Complete contracts could be launched at ease, and the launched chain's security is ensured by the staking of BTC, CKB, and other Bitcoin Layer1 assets.