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The crypto world’s recent rising star, Bitcoin 
$103,039-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.
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 
$2,484 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.
