ZULU Network completes seed round financing, introducing an innovative Bitcoin Layer 2 solution

ZULU Network, an innovative Bitcoin layer 2 protocol, recently announced the completion of its seed round financing. The uniqueness of this protocol lies in the seamless integration of the Ethereum Virtual Machine (EVM) layer and the Unspent Transaction Output (UTXO) innovation layer.

The architecture of the ZULU Network brings a new standard of scalability and interoperability to the Bitcoin ecosystem. By combining the security of the Bitcoin blockchain with the versatility of EVM compatibility, the network empowers developers to fully leverage the advantages of both networks to build decentralized applications (dApps). Additionally, its innovative UTXO layer introduces advanced transaction capabilities, significantly enhancing 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 our innovative protocol to market, allowing more people to experience the potential of Bitcoin's second layer technology. We are excited to have the support of these 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. With this investment, ZULU Network aims to further refine its protocol, strengthen security measures, and provide developers and users with a smoother integration experience.

Multiple well-known investment institutions participated in this round of financing, including some venture capital firms that have made significant contributions to the cryptocurrency field. The involvement of these investors not only provided funding support to ZULU Network but also increased the project's exposure and credibility.

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