Bitcoin L2 developer ALPEN LABS has completed a $10.6 million financing round, led by RIBBIT CAPITAL, with participation from CASTLE ISLAND VENTURES and others. ALPEN LABS has been dedicated to developing Bitcoin rollup infrastructure, aiming to expand the capabilities of the Bitcoin network through zero-knowledge proof technology. The success of this financing round signifies recognition of ALPEN LABS' technology and future growth potential.

Bitcoin L2 developer Alpen Labs has completed a $10.6 million financing round, led by Ribbit Capital with participation from Castle Island Ventures and others. Alpen Labs spent a significant amount of time last year developing Bitcoin Rollup infrastructure and is now seeking to expand the Bitcoin network through zero-knowledge proofs. (CoinDesk)

Alpen Labs has completed a $10.6 million financing round, led by Ribbit Capital.