ZULU Network completes seed round financing to promote innovation in Bitcoin Layer 2 solutions.

Recently, an emerging Bitcoin Layer 2 protocol completed its seed round funding. This protocol, called ZULU Network, innovatively integrates the EVM (Ethereum Virtual Machine) layer and the UTXO (Unspent Transaction Output) innovation layer seamlessly, 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 advantages of both networks to build decentralized applications (dApps). At the same time, its UTXO innovation layer introduces advanced transaction features, further enhancing the efficiency of Bitcoin transactions.

The project's co-founder Eric Lifson stated: "This round of financing 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 solutions. We are pleased to have the support of outstanding investors who share our vision."

The funds will primarily be used to strengthen the development team of ZULU Network, drive marketing efforts, and expand community engagement programs. Through this investment, ZULU Network plans to further improve its protocol, enhance 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. Among them, there are investment companies focused on forward-looking projects in the cryptocurrency field that have invested in several famous blockchain projects. There are also funds from Asia that focus on investing in crypto funds and crypto studios, headquartered in Japan, with branches in Singapore and Canada. In addition, there are companies focused on Web3 investments, as well as investment teams with rich experience in the blockchain industry in the Asia region.

The vision of ZULU Network is to "push Bitcoin forward". It creates a decentralized framework focused on tokenized computing power and physical infrastructure by combining the advantages of Bitcoin with the flexibility of EVM-compatible technology. The team is committed to nurturing an inclusive and vibrant developer community, providing the necessary tools and resources to build unique applications based on its innovative protocol.

With the continuous development of this innovative project, the industry generally believes it will bring new possibilities to the Bitcoin ecosystem, promoting further development and application of decentralized applications.