Tap Protocol, based on the Bitcoin ecosystem, received $4.2 million in financing

Bitget App

Trade smarter

Cointime2023/12/16 09:08

By:Cointime

Tap Protocol has completed a $4.2 million financing led by Sora Ventures to enhance its presence in the Bitcoin ecosystem. This investment has received contributions from numerous venture capital firms and angel investors, enabling Trac Systems, the German company behind Tap Protocol, to achieve significant growth.

This round of financing attracted well-known venture capital firms, including Cypher Capital, Rw3, Oak Grove Capital, Perock Capital, Kosmos Ventures, New Tribe Capital, Cogitent Ventures, Compute Ventures, and MSA Novo. The angel investment from Animoca Brands and Quantstamp executives further strengthens this financial support.

Jason Fang, founder and managing partner of Sora Ventures, emphasized Tap Protocol's important role in the Bitcoin community, particularly in promoting adoption. His optimism reflects the growing confidence in the potential for Bitcoin transformation and its related projects.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Share link:In this post: Honda is working with Sierra Space and Tec-Masters, two space technology companies, to try their high-differential pressure water electrolysis system. Honda aims for hydrogen to help it get all of its cars off carbon by 2040. Honda says it will work with NASA to get the equipment to the ISS on Sierra Space’s Dream Chaser space plane.

Cryptopolitan•2025/04/04 19:12

ETH just had lowest quarterly return since Q2 2022: Blockworks Research

The network is at a “pivotal juncture,” Blockworks Research’s Marc-Thomas Arjoon said

Blockworks•2025/04/04 18:22