Tap Protocol secures $4.2 million in investment to provide impetus for growth in Bitcoin trading volume

In the Bitcoin ecosystem, Tap Protocol, as a new startup company focusing on Bitcoin, recently successfully completed a round of financing, raising US$4.2 million. The round, led by Sora Ventures, provides financial support for growth and innovation in the Bitcoin and blockchain technology space. The acquisition of this investment provides a strong impetus for the development of Tap Protocol and opens up new possibilities for the further development of the Bitcoin ecosystem.

Important funding milestone for Trac Systems

German startup Trac Systems recently successfully secured a round of funding led by Sora Ventures and attracted a series of venture capital giants and angel investors Participation. This capital infusion provides Trac Systems with a solid foundation to accelerate their operations and innovation in the Bitcoin space. As the brains behind Tap Protocol, Trac Systems will use the funds to further grow its business. They plan to increase R&D investment in the Bitcoin field to promote the emergence of more innovative applications and solutions. This financing will bring more opportunities and resources to Trac Systems, allowing them to better meet market needs and continue to lead the development of the industry.

This round of financing attracted the attention of well-known investment institutions such as Cypher Capital, Rw3 and Oak Grove Capital, and invested in Tap Protocol. In addition, angel investments from Animoca Brands and Quantstamp executives further enhanced this financial event, showing widespread confidence in Tap Protocol’s future.

Tap Protocol’s application in the Bitcoin Ordinals space

Trac Systems is planning to expand operations as their protocol creates a buzz in the Bitcoin Ordinals space. Now, their focus is on recruiting top developers to enhance the protocol’s products and drive Bitcoin’s utility and adoption. Talent recruitment will be key this time.

Tap Protocol aims to introduce programmability to the Bitcoin ecosystem, and its versatility provides opportunities for a variety of applications. It can not only transform art, but also lead DeFi applications on Bitcoin. It is said that the design of Tap Protocol is particularly suitable for gaming applications, providing unique features such as token exchange and multiple sending.

Bennythe Dev, CEO of Trac Systems, emphasized that they plan to explore new areas such as tokenization, gamification and DeFi on the Bitcoin platform to promote innovation in the Bitcoin ecosystem.

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