The Bitcoin ecosystem project Tap Protocol has completed a $4.2 million financing round, led by Sora Ventures

2023-12-16 17:08:08

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ChainCatcher news, the Bitcoin ecosystem project Tap Protocol has completed a $4.2 million financing round, led by Sora Ventures, with participation from Cypher Capital, Rw3, Oak Grove Capital, Perock Capital, Kosmos Ventures, New Tribe Capital, Cogitent Ventures, Compute Ventures, MSA Novo, as well as angel investors Animoca Brands and executives from Quantstamp. Tap Protocol is a product of the German company Trac Systems, and this financing will support significant growth for the company.

Tap Protocol offers a range of features, including the segmentation of inscriptions and enabling DeFi applications on inscriptions. The protocol aims to discover and track ordinals, facilitating OrdFi applications without the need for complex Layer 2 solutions.

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Tap Protocol investment and financing

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