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BRC-137 has completed a seed round of financing of 2.5 million US dollars, aiming to accelerate the development of the DID ecosystem.

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ForesightNews
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Feb 3, 2024

The Bitcoin ecosystem's composability DID protocol, BRC-137, has completed a $2.5 million seed round of financing with participation from BASICS CAPITAL, DFG, GATE.IO, JSQUARE, and others. The funds will be used to accelerate the development and growth of the protocol. BRC-137 aims to build a DID ecosystem by introducing composable prefixes and suffixes to enhance asset liquidity. The protocol also introduces a royalty mechanism to promote the development and innovation of on-chain social models.

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