Arch Labs Raises $13M in Funding for Bitcoin-Based Smart Contracts

Description

Arch Labs secured $13 million in a funding round led by Pantera Capital to develop ArchVM, a virtual machine enabling native smart contracts on Bitcoin. Aiming to avoid bridging to layer-2 networks by handling off-chain computations and offering fast, Turing-complete transactions.

Publish date

Apr 22, 2025 - 9:08am