Bitcoin Layer 2 Protocol ZULU Network Completes Seed Round Financing

Recently, ZULU Network announced the completion of its seed round financing. Institutions participating in this round of investment include several well-known venture capital firms. ZULU Network is an innovative Bitcoin Layer 2 protocol that seamlessly integrates the Ethereum Virtual Machine (EVM) layer and the Unspent Transaction Output (UTXO) innovation layer.

The architecture of the ZULU Network sets a new standard for the scalability and interoperability of the Bitcoin ecosystem. By combining the robust security of the Bitcoin blockchain with the versatility of EVM compatibility, this protocol enables developers to leverage the strengths of both networks to build decentralized applications (dApps). Additionally, its UTXO innovation layer introduces advanced transaction features, enhancing the efficiency of Bitcoin transactions.

Eric Lifson, co-founder of ZULU Network, stated: "This funding will accelerate our development process and help us bring our innovative protocol to market, allowing developers and users to experience the true potential of Bitcoin's second layer functionalities. We are excited to have the support of these excellent investors who share our vision for a more universal and scalable Bitcoin ecosystem."

The funds from this round of financing will be used to expand the development team of ZULU Network, advance marketing efforts, and expand community engagement programs. Through this investment, ZULU Network is committed to optimizing its protocol, enhancing security measures, and providing a smoother integration experience for developers and users.

Several major institutions participating in this round of investment have rich investment experience in the cryptocurrency and blockchain fields. Their participation not only brings funding support to ZULU Network but also increases the project's exposure and credibility.

The vision of ZULU Network is to "push Bitcoin forward." This project combines the robust foundation of Bitcoin with the flexibility of EVM-compatible technology to create a decentralized framework focused on tokenized computing power and physical infrastructure. As the project develops, the ZULU Network team is dedicated to nurturing an inclusive and vibrant developer community, providing them with the necessary tools and resources to build unique applications based on this innovative protocol.