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Botanix Labs

BUSINESS

Botanix Labs Secures $11.5 Million Funding to Develop Bitcoin-Native DeFi Ecosystem

Nik - May 7, 2024

Founded at Harvard, Botanix Labs raises millions to build the first Bitcoin-native Layer 2 primitive with full EVM equivalence — Spiderchain.

BUSINESS

Palladium and Botanix Labs Launches Bitcoin-native Stablecoin on Bitcoin’s First EVM Layer 2

Nik - March 19, 2024

Each stablecoin mint of PUSD is required to have a 110% collateral ratio.

TECHNICAL

Botanix Labs Launches First EVM-Equivalent Layer 2 Testnet on Bitcoin

Nik - November 29, 2023

This represents over a year of dedicated research and development by the team, with a focus on enhancing user experience.

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