ChainCatcher news, Bitcoin infrastructure company Blockstream has completed a $210 million convertible note financing, led by Fulgur Ventures. This round of financing will be used to accelerate the market adoption of its Bitcoin Layer 2 technology, expand its mining operations, and increase its Bitcoin reserves.Blockstream's Layer 2 solutions include Liquid Network and Core Lightning.It is reported that over $1.8 billion in assets have been issued on the Liquid Network, including stablecoins, tokenized bonds, and securities, with approximately 3,844 Bitcoins (worth about $250 million) locked on-chain. The company plans to position Liquid as the "de facto infrastructure" for the tokenization of physical assets within the Bitcoin ecosystem.

ChainCatcher news, Bitcoin infrastructure Bool Network has completed a $2 million seed round financing, with participation from Antalpha Ventures, ViaBTC Capital, Spark Digital Capital, Cogitent Ventures, Web3port, Satoshi Lab, D11 Labs, Sharding Capital, and others. These funds will be used to further develop Bool Network's decentralized infrastructure, focusing on unlocking the potential of BTCFi.Bool Network is committed to providing self-custody solutions for Bitcoin holders. By combining original DHC technology with Taproot, Bool Network enables users to seamlessly participate in DeFi scenarios such as stablecoins, Restaking, and cross-chain bridges in a self-custody environment.Since its launch, Bool Network has reportedly served over 1 million users, with a total transaction volume of 12 million on the testnet, and the total transaction amount on the pioneer network has exceeded $300 million.

ChainCatcher news, Bitcoin infrastructure developer Satflow announced the completion of a $7.6 million seed round financing, led by Variant Fund, with participation from Nascent, UTXO Management, Coinbase Ventures, Hash3, CMS Holdings, Asymmetric, Sora Ventures, Memeland, Robot Ventures, and Bitcoin Frontier Fund.Satflow will focus on providing infrastructure for market makers and high-frequency traders, elevating Bitcoin L1 to institutional-grade quality and enhancing decentralization.Satflow stated, "We are currently developing privately, but details on early access will be announced soon."

ChainCatcher news, Bitcoin infrastructure platform RunesFi announced the completion of a $400,000 financing round, with participation from Cogitent Ventures, Oddiyana Ventures, Lavender Capital, WeeHODL, Zephyrus Capital, and Samurai Starter. RunesFi leverages the Runes protocol to enhance DeFi capabilities, aiming to build the first decentralized exchange (DEX) on Runes, a minting machine for creating and distributing new runes, and various infrastructure products to support the Bitcoin DeFi ecosystem, laying the foundation for the large-scale adoption of DeFi on Bitcoin.

ChainCatcher news, Bitcoin infrastructure provider Omega announced that it has completed a $6 million financing round, with investors including Borderless, AlphaLab Capital, Psalion VC, Blockchain.com, Lightspeed Faction, Bankless Ventures, Blockchain Founders Fund, Side Door Ventures, Humla Ventures, XBTO, MH Ventures, Wave Digital Assets, Hyperithm, Kronos, Cadenza Ventures, and others.According to the explanation, Omega is committed to creating decentralized infrastructure to redefine full-chain and Bitcoin DeFi. The team stated that the new funds will be used to help launch Omega's Bitcoin Web3 infrastructure, which is the first decentralized solution that allows Bitcoin holders to leverage the value of their Layer1 BTC to generate yield without bridging, wrapping, or synthesizing, thus enabling native Bitcoin to be used in DeFi.

ChainCatcher news, DWF Labs co-founder Andrei Grachev posted on the X platform that the Bitcoin infrastructure narrative (BRC, L2) may explode again, along with the approval of ETFs.

ChainCatcher news, according to Tech.eu, the infrastructure platform OrdinalsBot, focused on Bitcoin Ordinals, has completed a $1 million seed round financing, with participants including Kestrel 0X1, Lightning Ventures, Bitcoin Magazine Ecosystem Fund, Bitcoin Frontier Fund, Angsana Investments, Deep Ventures, and individual investors such as Sebastien Borget, Howard Morgan, Micah Spruill, Ivan Brightly, and Dillon Healy.It is reported that OrdinalsBot has launched an SDK aimed at helping developers integrate Ordinals features into their projects.

According to ChainCatcher, as reported by CoinDesk, Bitcoin infrastructure company Blockstream is expected to launch its dedicated integrated circuit (ASIC) miners around the third quarter of 2024. The company acquired Israeli mining manufacturer Spondoolies in 2021 and brought the core team of the manufacturer into Blockstream's mining division. In January of this year, Blockstream completed a $125 million financing round to expand its Bitcoin mining services. The new ASIC miners were initially scheduled for release in 2022, but are now expected to be launched in the second half of 2024. (CoinDesk)