Bitcoin programmable layer project Hemi completes $15 million in financing, led by YZi Labs and others

Hemi, the Bitcoin programmable layer project, has secured $15 million in a new funding round led by YZi Labs, Republic Digital, and HyperChain Capital, with participation from Breyer Capital, Big Brain Holdings, Crypto.com, DNA Fund, Selini Capital, Protein Capital, Quantstamp, and Web3.com Ventures. This brings the project's total funding to $30 million, which will be used to advance the development of a network that combines Bitcoin's security with Ethereum's smart contract capabilities. This round of funding will support ecosystem expansion and subsequent token generation activities.