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UTXO Stack - Undisclosed
Overview
Funding Date
December 19, 2024
Financing amount
--
Valuation
$50M
Category
About UTXO Stack - Undisclosed
UTXO Stack has completed a new funding round by UTXO Management, PAKA, and CMS Holdings, achieving an $50 million valuation.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2019 | 29 | [email protected] | ||
| Fund | -- | -- | 36 | -- | ||
| Fund | United States of America | 2019 | 155 | [email protected] |
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.