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Bitcoin project Citrea raises $14 million in Series A funding

Bitcoin project Citrea raises $14 million in Series A funding

CointimeCointime2024/10/31 14:22
By:Cointime

Bitcoin Rollup project Citrea has raised $14 million in Series A financing, led by Peter Thiel's Founder Fund, with angel investors Erik Voorhees and Balaji Srinivasan also participating. Citrea raised $2.7 million in seed funding in February in a round led by Galaxy. The company uses the BitVM computing paradigm to allow Ethereum-style smart contracts to be used on Bitcoin.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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