Bitcoin Rollup project Nexio completes a $2.20 million financing round with Lattice as the lead investor.

Foresight News reported that the Bitcoin Rollup project Nexio has completed a $2.20 million financing round, with Lattice leading the investment and participation from HTX Ventures, Artichoke Capital, Morningstar Ventures, Sharding Capital, SNZ Holding, Sats Ventures, Wise3 Ventures, vVv, and Fat Cats. The raised funds will be used to introduce Facebook's Move Virtual Machine into the Bitcoin ecosystem, address smart contract vulnerabilities in EVM-based scaling solutions and multi-signature bridge designs, while reducing transaction costs and increasing transaction throughput.