The venture firm Thesis announced the launch of a Bitcoin layer-2 network named Mezo after completing a $21 million Series A funding round led by Pantera Capital. This new network aims to enhance Bitcoin's scalability and utility, introducing an innovative loyalty program called 'Proof of HODL' that incentivizes users to store their idle bitcoins within the network. The funding round, which also saw participation from Multicoin, was reported by @willcanny99, highlighting the industry's support for Mezo's development. Described as an 'economic layer' for Bitcoin, Mezo is designed to foster an ecosystem of applications catering to various economic needs, from everyday expenses like groceries to significant expenditures such as tuition.