BTC and ZK infrastructure company Fiamma completed a $4 million seed round financing

PANews reported on December 4th that Fiamma, a BTC and ZK infrastructure company, completed a $4 million seed round of financing, with Lightspeed Faction and L2IV leading the investment, and Astera Ventures, Contribution Capital, Sats Ventures, Chapter One, and FoundersHead participating. The investment also includes the participation of major strategic investors in the BTC infrastructure field, such as BOB (Build on Bitcoin), as well as various angel investors such as the founders of Satlayer and Daedalus. The company plans to use this investment to expand Fiamma's business, accelerate product development, and promote the adoption of its underlying technology. According to the introduction, Fiamma is a BTC and ZK infrastructure company dedicated to transforming BTC into dynamic Programmability assets. It is unlocking the practical use cases of BTC, transforming it into dynamic assets and the foundation of Decentralization internet and financial systems. Fiamma's products include the BTC bridge Fiamma Bridge and the BTCZK verification layer Fiamma Layer supported by BitVM2.