Will Canny is a finance reporter at CoinDesk.n
Hemi Labs, the company co-founded by Bitcoin developer Jeff Garzik, has raised $15 million for its modular blockchain network.What On-Chain Access for AGI Unlocks
Hemi Labs, the team co-founded by legendary Bitcoin developer Jeff Garzik, has raised $15 million in investment to develop and launch Hemi Network, a layer-2 blockchain that has been built on both Bitcoin and Ethereum, the company said on Wednesday. The investment round was led by Binance Labs, Breyer Capital and Big Brain Holdings, Hemi said. Breyer was an early stage investor in Facebook , stablecoin issuer Circle and Spotify .. It claims to combine the best characteristics of both networks, taking the security qualities of Bitcoin and blending them with the liquidity and programmability of Ethereum.
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