Bitfinity Raises $7 Million to Integrate Ethereum and Bitcoin

Bitfinity Raises $7 Million to Integrate Ethereum and Bitcoin

Bitfinity, a blockchain technology firm, has recently secured $7 million in a funding round, led by prominent investors such as Polychain Capital and ParaFi Capital. The company aims to bridge the gap between Ethereum and Bitcoin by developing a sidechain that integrates the two leading cryptocurrencies. This innovative move is set to enhance decentralized finance (DeFi) operations and expand smart contract functionalities for Bitcoin assets.