COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Mezo Shines with $21 Million Investment for Bitcoin-Based Layer-2 Solution
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Economy > Mezo Shines with $21 Million Investment for Bitcoin-Based Layer-2 Solution
Economy

Mezo Shines with $21 Million Investment for Bitcoin-Based Layer-2 Solution

In Brief

  • Mezo, a Bitcoin layer-2 solution, raises $21 million.

  • Top investors show strong belief in Mezo's potential.

  • Mezo aims to expand Bitcoin's utility across applications.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

The crypto world’s recent rising star, Bitcoin $103,635-based layer-2 solution Mezo, is making waves with a $21 million investment round led by financial giant Pantera Capital. Developed by blockchain venture studio Thesis, Mezo stands out as a permissionless economic layer for Bitcoin.

Contents
Confidence in Mezo’s Potential Becomes EvidentMezo’s Most Striking Feature

Confidence in Mezo’s Potential Becomes Evident

According to an announcement made by Thesis on Tuesday, leading investors such as Multicoin, Hack VC, ParaFi Capital, Nascent, Draper Associates, Primitive Ventures, Asymmetric Ventures, and individuals like Dan Held and DCF God participated in this round, showing their belief in Mezo’s potential.

Mezo’s primary goal is to provide users with a neutral smart contract infrastructure to offer a wide range of applications. Moreover, the platform also aims to offer cheap and fast transactions that will strengthen the Bitcoin Blockchain‘s infrastructure, enabling users to utilize Bitcoin for all kinds of applications and participate in economic cycles.

Mezo’s Most Striking Feature

Mezo‘s most striking feature is the integration of Bitcoin into the Ethereum $2,504 decentralized finance (DeFi) ecosystem through Thesis’s Bitcoin-backed Ethereum token, tBTC. This move seems to further strengthen the ties between the Bitcoin and Ethereum communities.

Thesis CEO and Mezo’s founder Matt Luongo made a statement about the project, saying, “With Mezo, our goal is to expand the Bitcoin network to include 25% of the world economy. That’s roughly the size of today’s US economy,” highlighting the project’s scale. Luongo also emphasized that Mezo allows users to securely store their Bitcoins while contributing to the network’s security.

The emergence of Mezo and its rapidly growing support mark a new and exciting period for the adoption and use of Bitcoin, the flagship of cryptocurrencies. The various capabilities and added values that Mezo offers can be considered a significant development in the crypto world. Particularly, Mezo’s ability to bring Bitcoin to the Ethereum network is crucial for its potential usage, making it noteworthy for shaping the project’s future.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Gold Prices Skyrocket: Discover Jeffrey Gundlach’s Bold Forecast

Cryptocurrency Prices Surge After Surprise Announcements

Markets React Sharply as Trump’s Tariff Statements and Fed’s Decision Stir Uncertainty

The Fed Stabilizes Interest Rates While Bitcoin Sways

Countries Act to Ease Trade Tensions with the U.S.

COINTURK NEWS 11 September, 2024 - 10:58 am 9 April, 2024 - 4:21 pm
Share This Article
Facebook Twitter
Share
Previous Article Coinbase Wins Legal Case: A Positive Turn for Crypto Industry
Next Article Base Network Continues to Break Records
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Dive into the Liquidity Wave Flooding Financial Markets
Cryptocurrency News
BlackRock Warns of Quantum Computing Risks to Bitcoin Security
Bitcoin News
U.S. and China Slash Tariffs to Reignite Global Risk Appetite
Ethereum (ETH)
MOODENG Coin Skyrockets as It Grabs Attention in the Crypto World
Altcoin News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?