Merlin Chain has completed a new round of financing, led by Spartan Group and Hailstone Labs.

MERLIN $CHAIN, a Bitcoin L2 solution, has announced the completion of a new round of financing led by SPARTAN GROUP and HAILSTONE LABS. This round of financing has also attracted the participation of over ten institutions, including AMBER GROUP, PRESTO LABS, IOBC VENTURES, SANDEEP (Polygon CEO), UTXO MANAGEMENT (a fund under Bitcoin Magazine), and PRIMITIVE VENTURES. The specific amount of financing has not been disclosed.