Blockchain News Flash: Botanix Labs recently announced that it has received $11.5 million in financing, with investors including Polychain Capital, Placeholder Capital, Valor Equity Partners and a series of angel investors. The funds will be used to build Spiderchain, a fully decentralized EVM-equivalent BTC L2 solution. The Spiderchain network combines the ease of use of EVM with the security of Bitcoin and has gained more than 200,000 active addresses since the testnet went live in November 2023. Willem Schroé, CEO of Botanix Labs, said Spiderchain is expected to expand the Bitcoin ecosystem to 8 billion users. This is of great significance for reshaping the way Bitcoin is built around the world. What do you think? Welcome to leave a message in the comment section to discuss! 👇