ChainCatcher news, Taproot Labs announced that it has received a joint strategic investment from Waterdrip Capital, Satoshi Lab, and Negentropy Capital.It is reported that Taproot Labs focuses on developing Bitcoin application layer Layer2 and a multi-chain asset trading platform based on the Lightning Network Taproot Assets Protocol. Currently, it has launched two product lines: Taproot Chain and Taproot Exchange. Taproot Labs will provide stable, high-speed, and secure application layer solutions for the BTC ecosystem.