Bitcoin Layer 2 Platform Mezo Raises $21M From Pantera Capital & Others

Bitcoin Layer 2 Platform Mezo Raises $21M From Pantera Capital & Others

Thesis, which is a venture studio established in 2014, has unveiled Mezo today. Mezo is a Bitcoin layer-2 solution that Thesis labels as a “Bitcoin Economic Layer.” Moreover, this launch comes on the heels of a successful $21 million Series A funding round.
Bitcoin Layer 2 Mezo’s Series A Funding
The Bitcoin Layer 2 solution’s Series A round was spearheaded by Pantera Capital and backed by Multicoin, Hack VC, Draper Associates, and others. It marks a significant milestone for the BTC Layer 2 solution as it is now backed with some of the well-known participants in the investment landscape.
Mezo sets itself apart by offering users access to applications that facilitate the utilization of Bitcoin tokens. Furthermore, it has a focus on fostering a circular Bitcoin economy beyond mere savings. According to Fortune, Matt Luongo, CEO of Thesis and founder of Mezo said, “What I think distinguishes an economic layer versus any other chain is that it’s doing good for Bitcoin— both

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