According to official news, Taproot Assets infrastructure construction project BitTap has completed the Pre-Seed round of financing, led by Waterdrip Capital. The funds raised will be used to develop a decentralized trading platform and non-custodial wallet based on the Taproot Assets protocol.
As the first decentralized wallet in the field of Taproot Assets protocol, the Alpha version test of BitTap plug-in wallet is expected to start in May. The team is committed to building the Taproot Assets ecosystem, promoting compatibility with Bitcoin's Lightning Network and Bitcoin main network, and has received official support from Lightning Labs. Currently, BitTap has started seed round financing, aiming to achieve one-click issuance and management of Bitcoin native assets based on the Taproot Assets protocol.