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, CKB and Bool Network announced a strategic partnership, planning to launch the BRC20 and Runes asset bi-directional cross-chain CKB chain functionality (BRC20-CKB, Runes-CKB) in July. In the future, both parties will further expand their multi-chain ecosystem, including ETH-CKB, SOL-CKB, and TON-CKB.It is reported that Bool Network is a permissionless, decentralized, and secure Bitcoin validation layer, dedicated to safely promoting the decentralized expansion of the Bitcoin network without changing the Bitcoin consensus mechanism. The CKB Eco Fund will continue to support various projects connecting CKB with the Bitcoin ecosystem. This collaboration will achieve a stable and efficient Bitcoin Layer 2 blockchain solution through CKB while inheriting Bitcoin's security features.