Bitcoin Layer-2 Builder Botanix Labs Raises $8.5M From Polychain Capital, Others

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Jamie Crawley is a CoinDesk news reporter based in London.

Botanix Labs' Spiderchain is designed to allow any application or smart contract running on an Ethereum layer to be in effect copied and pasted onto Bitcoin.

The most recent round included Polychain Capital, Placeholder Capital, Valor Equity Partners and ABCDE, Botanix announced on Tuesday.

 

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