
Hemi Labs, a developer of modular blockchain networks, has raised $15 million in a strategic seed round led by Binance Labs, Breyer Capital, and Big Brain Holdings. The funding will support the development of Hemi, a Layer-2 blockchain network that integrates Bitcoin and Ethereum for enhanced security and programmability. The project, which launched its testnet and plans to deploy on mainnet in the next quarter, aims to improve scalability, security, and interoperability. Hemi Labs launched in July at this year’s Bitcoin Conference in Nashville. Other participants in the funding round include Crypto.com, Cypher Capital, and Quantstamp.
ARTICLE: Binance Labs has invested $15 million in Hemi Labs to support the development of the Hemi Network. With its testnet live and mainnet launch set for Q4 2024. Get the full details: ↓ https://t.co/T2eIkereQq
Hemi Labs launched in July at this year’s Bitcoin Conference in Nashville, touting a novel technology that integrates Bitcoin within an Ethereum Virtual Machine. https://t.co/aNoCum961T
Modular blockchain network developer Hemi Labs raises $15 million https://t.co/n36mqP2gxn




