The BRC20 infrastructure project BRC20.com has completed a $1.5 million financing round, led by UTXO Management

ChainCatcher news, the BRC20 infrastructure project BRC20.com announced the completion of a $1.5 million financing round, led by UTXO Management, the asset management division of Bitcoin Magazine's parent company BTC Inc, with participation from Zanshin Capital Management, Unbroken Chain, One Block Capital, Sora Ventures, OWL Ventures, Bitcoin Frontier Fund, Hamble, and New Tribe Capital.

It is reported that BRC20.com plans to launch a mobile application that allows users to bridge, trade, and stake BRC-20 tokens via their phones. The company also plans to release a decentralized relay network for a new DeFi protocol supported by .COM tokens.