Taproot Assets infrastructure project BitTap completes Pre-Seed round of financing, led by Waterdrip Capital

According to official sources, Taproot Assets infrastructure project BitTap has completed its Pre-Seed round of financing, with Waterdrip Capital leading the investment. The funds raised in this round will be used to develop a decentralized trading platform and non-custodial wallet based on the Taproot Assets protocol.

As the first decentralized wallet in the Taproot Assets protocol field, the Alpha version of the BitTap plugin wallet is expected to launch in May. The team is committed to building the Taproot Assets ecosystem, promoting compatibility with the Bitcoin Lightning Network and the Bitcoin main network, and has received official support from the Lightning Lab. BitTap is currently in the seed round of financing, aiming to achieve one-click issuance and management of Bitcoin native assets based on the Taproot Assets protocol.