The Crypto-native Web3 VC giant recently released it’s investment portfolio for First quarter {Q1}.
Amongst a total of 6 projects is BTCLayer2 BEVM.
Though specific funding amount was not disclosed, but to the question of “Why BEVM?”, ArkStream Capital highlighted the significant Bitcoin scaling solution BEVM has developed over the past six years.
Success of ChainX, BEVM’s first product launched in 2018, recording a whooping 100,000BTC cross chain transaction.
Explosion of BTC ecosystem narrative in 2023
Market-Oriented solution, Merlin
Bitcoin Rooted Nativity and Decentralized solution, BEVM
With this investment, ArkStream anticipates the attraction of members from native Bitcoin community to join the development of Layer 2.
Other Projects invested include;
XION
UniCross
PolyHedra
MerlinStarter
Nubit
Join the revolution in BTC scaling solutions through BEVM
