Zulu Network Secures Seed Funding To Enhance Bitcoin Layer 2 Protocol

According to PANews, Zulu Network, a Bitcoin Layer 2 protocol, has announced the completion of its seed funding round. The round saw participation from notable investors including Draper Dragon, Web3.com Ventures, CGV, PANONY, D11 Labs, and other prominent venture capital partners. The funds raised will be utilized to strengthen Zulu Network's development team, drive marketing efforts, and expand community engagement. With this investment, Zulu Network aims to optimize its protocol, enhance security measures, and provide a smoother integration experience for developers and users. Zulu Network's innovative architecture sets new standards for scalability and interoperability within the Bitcoin ecosystem. By combining the robust security of the Bitcoin blockchain with the versatility of EVM compatibility, Zulu Network enables developers to build decentralized applications (dApps) that leverage the strengths of both Bitcoin and Ethereum networks. Additionally, the introduction of the UTXO innovation layer brings advanced transaction functionalities, improving the efficiency of Bitcoin transactions.