Series A Round
Funding Details
Arch Network is a pioneering platform for building bridgeless applications directly on Bitcoin, enabling developers to deploy interoperable smart contracts without the need for a soft fork. The recent funding will support the development of their innovative platform and the launch of a native Bitcoin virtual machine. This funding round is expected to accelerate the growth of Arch Network and enhance its capabilities in the blockchain ecosystem. The funding will also facilitate the expansion of their development team and enhance user engagement through improved tools and resources. Arch Network aims to revolutionize the way applications are built on Bitcoin, making it more accessible for developers.
Valuation
- Post-money: $200.0M
Confidence Score
Participating Investors
First U.S. institutional asset manager focused exclusively on blockchain technology. Since 2013, Pantera has invested in digital assets and blockchain...
Multicoin Capital is a thesis-driven cryptocurrency investment firm that focuses on blockchain technology and digital assets. They aim to support inno...
Portal Ventures is an early-stage investment firm that partners with innovators to define the next generation of the economy, focusing on crypto and b...
OKX Ventures is the investment arm of OKX, a leading cryptocurrency exchange and Web3 technology company. With an initial capital of $100 million, the...
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