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MAP Protocol - Stragegic 3
Overview
Funding Date
January 17, 2024
Financing amount
$50M
Valuation
--
Category
Subcategory
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About MAP Protocol - Stragegic 3
Bitcoin L2 MAP Protocol Receives a STRATEGIC INVESTMENT from Bitrise Capital's $50 million Bitcoin Ecosystem Growth Fund. Bitrise Capital, founded in 2017, is a major player in the blockchain venture capital space, managing assets that exceed $200 million. It boasts a rich portfolio, having made strategic investments in over 100 blockchain projects including ventures into inscriptions, with significant acquisitions including ORDI, SATS, RATS, AINN, MMSS, and other inscription projects.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | China | 2018 | 15 | -- |
Company Profile / Project Introduction
MAP Protocol is a Bitcoin layer-2 for peer-to-peer cross-chain interoperability. MAP Protocol provides the essential omnichain infrastructure for achieving interoperability among blockchain-based assets, storage, and computing. Built upon the light client and zero-knowledge proof technology, its interoperable cross-chain solution is peer-to-peer, without any trusted third-party entities. The MAP Protocol network serves as a Web3 user gateway and developer portal, empowering users and developers to use and build anything cross-chain in a peer-to-peer way.