
Stacks is set to launch sBTC, a new 1:1 Bitcoin-backed asset, next week, which is anticipated to significantly enhance the Stacks ecosystem. This development is seen as one of the most important advancements since the ecosystem's inception. Meanwhile, Commonware, led by a former Ava Labs engineering lead, has successfully raised $9 million from notable investors including Haun Ventures and Dragonfly. The funding aims to create innovative blockchain developer tools that move away from traditional frameworks. The initiative is expected to attract new developers and projects to the blockchain space, particularly in relation to the upcoming sBTC launch.
[THE BLOCK] Former Ava Labs engineering lead raises $9 million to build 'anti-framework' blockchain developer tools
[THE BLOCK] engineering lead raises $9 million to build 'anti-framework' blockchain developer tools
Former Ava Labs engineering lead raises $9 million to build 'anti-framework' blockchain developer tools https://t.co/5otWgcEKWr