Summary
- Taproot Wizards announced that it raised $30 million in a Series A funding round.
- The investment was led by Standard Crypto, with participation from various other investment funds.
- The raised funds will be used to enhance Bitcoin's smart contract functionality through OP_CAT.
The Bitcoin (BTC)-based Non-Fungible Token (NFT) project Taproot Wizards, utilizing the Ordinals (ORDI) protocol, has successfully raised $30 million in funding.
On the 5th, Woody Wertheimer, co-founder of Taproot Wizards, announced on X (Twitter) that "Taproot Wizards has secured $30 million in a Series A funding round."
This investment was led by Standard Crypto, with participation from Cyber Fund and Collider Ventures.
Taproot Wizards plans to use the funds to expand the OP_CAT ecosystem. OP_CAT is an opcode that enhances smart contract functionality on Bitcoin. Woody Wertheimer stated, "We see OP_CAT as the future of Bitcoin and will support the development of the entire ecosystem, not just internal development."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
