PANews reported on May 22 that according to the official blog of the on-chain leveraged trading platform LeverFi, the OmniZK testnet will be launched in the second quarter. The OmniZK developer fund has successfully raised $10 million from leading institutions, market makers, and private investors to support developers building BTC Fi using OmniZK. As a security verification layer for the Bitcoin network, OmniZK allows developers to offload complex computations to any EVM layer and relay the final event results back to the Bitcoin network for native settlement. The fund focuses on BTC Fi projects, with seed stage investments ranging from $100,000 to $500,000. Four BTC Fi projects have already been funded, with plans to support more.