ChainCatcher news, Bitcoin scaling network Mezo announces the launch of the foundational testnet matsnet Alpha, which will support users in creating and trading Meme coins.

ChainCatcher news, Bitcoin scaling network Mezo has completed a $7.5 million financing round, led by Ledger Cathay Fund, with participation from ArkStream Capital, Aquarius Fund, Flowdesk, GSR, Origin Protocol, and Bybit's ecosystem project Mantle EcoFund. This round of financing brings its total funding to $30 million.The new funds will be used for Mezo's plans to expand the adoption of its network, including integrating more products into its network, such as its Bitcoin staking platform Acre.According to the Web3 asset data platform RootData, Mezo is a Bitcoin Layer2 network that enables users to access applications that facilitate the use of Bitcoin tokens, promoting a circular Bitcoin economy, not just a "savings technology." Mezo utilizes the idle Bitcoin of holders through the "HODL Proof" points program, where the longer the holding period, the more the contributor's "HODL score multiplier."

ChainCatcher news, the Bitcoin L2 network Mezo announced on social media that it will continue to build its BitcoinFi business through Curve Finance's crvUSD. Starting today, users can stake crvUSD to generate Mezo scores, increase BTC scores, and earn Curve community reward points.Mezo added that users can deposit crvUSD into the Mezo Portal through the official Curve login page or use the main code "CURVE" to earn:Monthly distributed Curve community reward points;Mezo HODL Score.According to the Web3 asset data platform RootData, Mezo developer Thesis has completed a $21 million Series A financing round, led by Pantera Capital, with participation from Multicoin, Hack VC, Draper Associates, and others.

ChainCatcher news, Bitcoin L2 network Mezo developer Thesis has completed a $21 million Series A funding round, led by Pantera Capital, with participation from Multicoin, Hack VC, Draper Associates, and others.Thesis stated that Mezo differs from other L2 networks in that it enables users to access applications that facilitate the use of Bitcoin tokens, promoting a circular Bitcoin economy, rather than just being a "savings technology."Mezo utilizes the idle Bitcoin of holders through the "HODL Proof" points program, where the longer the holding period, the more the contributor's "HODL score multiplier."Mezo will launch alongside the tBTC ecosystem developed by Thesis, which allows for "minimal trust" bridging to various ecosystems.