PANews reported on January 21 that Bitway, a Bitcoin native Layer 1 protocol and infrastructure platform, announced the completion of a $4.444 million seed roundPANews reported on January 21 that Bitway, a Bitcoin native Layer 1 protocol and infrastructure platform, announced the completion of a $4.444 million seed round
Bitway, the native L1 protocol for Bitcoin, has completed a $4.444 million seed funding round, led by TRON DAO.
PANews reported on January 21 that Bitway, a Bitcoin native Layer 1 protocol and infrastructure platform, announced the completion of a $4.444 million seed round of financing, led by TRON DAO, with participation from HTX Ventures and others. To date, Bitway has raised over $5.8 million from institutional investors. Following its initial seed round, it has completed a targeted strategic financing round, valuing Bitway at $100 million.
Founded by former Binance team members, Bitway was previously incubated through YZi Labs' EASY Residency program and launched through the Binance Booster program. Bitway has two core products: Bitway Earn, an on-chain wealth management platform, and Bitway Chain, a Layer 1 application chain dedicated to payment and financing solutions.
Market Opportunity
SEED Price(SEED)
$0.0004821
$0.0004821$0.0004821
USD
SEED (SEED) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Wormhole launches reserve tying protocol revenue to token
The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve
Share
BitcoinEthereumNews2025/09/18 01:55
Trading Psychology After a Losing or Winning Streak
Winning and losing streaks affect traders more than most realise. Psychology, not strategy, often determines what happens next.
📉 After a losing streak
Share
Medium2026/01/24 19:32
The Longevity Pivot: Is Regenerative Medicine Disrupting the Global Under Eye Filler Market?
We have historically treated the aging face much like a distressed asset: patch the cracks, paint over the damage, and hope the structure holds for another fiscal
Share
Techbullion2026/01/24 19:30