ChainCatcher news, Bitcoin ecosystem project Flash Protocol announced the completion of its private funding round, with participation from Signum Capital, DWF Labs, Cypher Capital, Cogitent Investment Group, Rarestone Capital, Pentos Ventures, Portico Ventures, Innovion, PortalDefi, and Keyur (Ex-CFO of Polygon).It is reported that Flash Protocol is a Bitcoin-native gaming, AI, Meme, and NFT issuance platform based on the Taproot protocol. Its designed FlashVM is the first officially announced BTC sidechain supporting Taproot assets, featuring advantages such as high speed, low gas fees, and decentralization. The project is set to launch its first IDO on March 22 on the Bybit web3 inscription launchpad.