Babylon Labs announces strategic investment in BitVM2 development company Fiamma
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2025-01-12 15:02 9,324
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Golden Finance reported that Babylon Labs, the Bitcoin proof-of-stake protocol, announced a strategic investment in BitVM2 development company Fiamma. The specific investment amount has not yet been disclosed. This investment will support its construction of a trust-minimized Bitcoin bridge development software solution to connect to the Cosmos chain. Quasi-zero-knowledge technology is integrated into Bitcoin to reshape how Bitcoin is used in programmable blockchains and other fields.