Modular Layer-2 Solution Hemi Network Secures Additional $15 Million Funding, Leveraging BitVM2 to Enhance Bitcoin and Ethereum Ecosystem Integration

Hemi Network, a modular Layer-2 blockchain solution, has successfully raised an additional $15 million in funding. The project aims to bridge the Bitcoin network with the Ethereum ecosystem by utilizing BitVM2 technology, which is designed to improve scalability and interoperability between the two major blockchain platforms. This investment is expected to accelerate the development of Hemi Network’s infrastructure, potentially unlocking new possibilities for decentralized applications and cross-chain functionality. The funding round highlights growing investor confidence in modular blockchain architectures and their role in addressing current limitations in network performance and ecosystem compatibility.

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