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Bitcoin L2 MAP PROTOCOL Receives Strategic Investment from ALCHEMY PAY

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$BTC
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Jan 23, 2024

Bitcoin L2 MAP PROTOCOL has received a strategic investment from ALCHEMY PAY. ALCHEMY PAY CO-FOUNDER SHAWN SHI stated, "We are pleased to strategically invest in MAP PROTOCOL. We have been following MAP PROTOCOL for over three years. The team possesses cutting-edge technological capabilities and expertise in ecosystem development. We share a common vision and great enthusiasm in jointly building a new generation of decentralized financial applications and ecosystem based on Bitcoin." Established in 2019 and developed over a period of five years, MAP PROTOCOL is a Bitcoin L2 solution for peer-to-peer cross-chain interoperability. By leveraging the security mechanisms of Bitcoin, MAP PROTOCOL enables seamless interaction between assets and users from other public chains and the Bitcoin network. It not only enhances network security but also achieves BRC20 cross-chain capabilities. ALCHEMY PAY is a payment solution provider with partners including MASTERCARD, VISA, GOOGLEPAY, APPLEPAY, and others. Prior to this, MAP PROTOCOL has also received strategic investments from institutions such as Shuidi Capital, ALPHA TOKEN CAPITAL, LK VENTURES, BITRISE CAPITAL, and TICKER CAPITAL.

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