Taproot Chain completes millions of dollars in financing, led by Negentropy Capital

ChainCatcher news, Taproot Chain announced that it has secured a new round of financing worth millions of dollars, led by Negentropy Capital, with participation from Digital Pacific Holding, Bitvalue Capital, Hussein Family Office, and Wall Street investment banker Patrick Bominton.

According to the RootData page, Taproot Chain is the first Bitcoin Layer2 network incubated by Taproot Labs that supports the issuance and trading of Taproot assets. It is built on Op Stack technology, creating a Layer2 ecological platform that combines BTC native assets with smart contract Dapp applications.

TaprootChain will officially launch its mainnet today, and the team stated that following the official Twitter and TG community will provide an opportunity to obtain an OG Pass (WL).