Bitcoin EVM L2 network BOB completes $10 million seed round financing, led by Castle Island Ventures

ChainCatcher news, the EVM-compatible Bitcoin Layer 2 network BOB has announced the completion of a $10 million seed round financing, led by Castle Island Ventures, with participation from Mechanism Ventures, Bankless Ventures, CMS Ventures, and UTXO Management.

It is reported that BOB (Build On Bitcoin) is an EVM rollup stack with native Bitcoin support. Developers build decentralized applications on top of Ordinals, Lightning, and Nostr.