Layer0 Infrastructure Openverse completes $8 million Series B financing

Openverse, an infrastructure project for crypto transactions, announced the completion of a $8 million strategic Series B financing, with investors including Bright Capital, KC International, Innovation Engine, Go2Mars, Becker Ventures, GAEA Ventures and several family offices. This round of financing funds will be used to strengthen cross-chain interoperability and mainnet capabilities and promote the construction of its "value Internet" infrastructure. Previously, Openverse had completed a $11 million financing, with early supporters including Castrum Capital, TB Ventures, DuckDAO, Asva Capital, etc. Openverse is the infrastructure for crypto transactions and Layer0 Hub, and has deployed its protocol stacks on multiple L1s to create bridgeless cross-chain interoperability, RWA tokenization framework and native multi-chain payments. Bitgold (BTG) is the underlying asset of the entire Openverse network and ecosystem, and can be used as a gas fee, pledge assets and medium of exchange.