LK Venture announces co-lead investment in Bitcoin cross-chain bridge XLink

According to news on March 14, LK Venture, a crypto investment research institution associated with Hong Kong listed company Linekong Interactive (8267.HK), announced that it has jointly led the Bitcoin cross-chain bridge project XLink through the Bitcoin network ecological investment management fund BTC NEXT. cast. XLink, a Bitcoin cross-chain bridge developed by the AlexLabs team, aims to connect Bitcoin DeFi with the liquidity of Ethereum and other ecosystems, and provide access to protocol assets such as BRC20, ARC20, and Runes based on the Bitcoin mainnet, as well as Bitcoin Liquidity aggregation of Layer2 ecological assets. Since its launch on December 1, 2023, XLink’s total transaction volume has exceeded US$60 million. In early November 2023, LK Venture launched the Bitcoin network ecological investment management fund BTC NEXT with a total scale of US$15 million. It has currently invested in projects such as UniSat, ALEX Labs, MAP Protocol, BiHelix, bitSmiley, Merlin Chain and a series of emerging assets in the Bitcoin ecosystem. . LK Venture is also a founding institutional member of BTC Security Lab.