OKX Ventures announced investment in UTXO Stack's seed round
ChainCatcher news, OKX Ventures announced its seed round investment in UTXO Stack.It is reported that UTXO Stack is a modular BTC Layer 2 blockchain launch platform at the forefront of expanding the Bitcoin ecosystem, enabling developers to easily launch UTXO model-based BTC Layer 2 solutions. UTXO Stack inherits the excellent technical architecture of Nevos and the RGB++ protocol, incorporating advanced architectures such as One-Time Seals, Client-Side Validation, and Homomorphic Bindings, providing a one-click service to launch UTXO BTC Layer 2 with interoperability achieved without the need for cross-chain bridges.Dora, the founder of OKX Ventures, said, "UTXO Stack provides more possibilities and technical choices for the Bitcoin ecosystem, unlocking the technical potential brought by the Nevos and RGB++ protocols, allowing more developers to build BTC ecosystem-native RGB++ Layer 2 with low barriers to entry. UTXO Stack offers developers the possibility of asset issuance on UTXO and high-performance Appchains, potentially bringing more scalability, lower user thresholds, and more interesting native innovations to the Bitcoin ecosystem. We will continue to monitor the progress of UTXO Stack."