Bitcoin Layer 2 protocol ZULU Network completes seed round financing

Recently, ZULU Network announced the completion of its seed round financing. As an innovative Bitcoin layer 2 protocol, ZULU Network seamlessly integrates the EVM (Ethereum Virtual Machine) layer and the UTXO (Unspent Transaction Output) innovation layer, setting a new standard for scalability and interoperability in the Bitcoin ecosystem.

The architecture of ZULU Network cleverly combines the security of the Bitcoin blockchain with the versatility of EVM compatibility, enabling developers to fully leverage the strengths of both networks to build decentralized applications (dApps). Additionally, 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 round of financing will accelerate our development process and help us bring the innovative protocol to market, allowing more people to experience the potential of Bitcoin's second-layer solutions. We are excited to receive support from outstanding investors who share our vision of a more universal and scalable Bitcoin ecosystem."

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

The investment institutions participating in this round of financing include several well-known venture capital firms that have rich investment experience and extensive influence in the cryptocurrency and blockchain fields. The addition of these investors not only brings financial support to ZULU Network but also provides valuable industry resources and strategic guidance for its future development.

The vision of ZULU Network is "to drive Bitcoin forward". By integrating the core advantages of Bitcoin with the flexibility of EVM-compatible technology, ZULU Network has created a decentralized framework focused on tokenized computing power and physical infrastructure. As the project progresses, the ZULU Network team is committed to nurturing an inclusive and vibrant developer community, providing them with the necessary tools and resources to build unique applications based on this innovative protocol.