Bitcoin re-pledge protocol Chakra completes a new round of financing, with StarkWare and others participating
2024-04-30 15:24:49
On April 30, Chakra, a bitcoin re-pledge protocol based on zero-knowledge technology, announced the completion of a new round of financing on the X platform. StarkWare, Bixin Ventures, Cogitent Ventures, Trustless Labs, etc. participated in the investment. The specific amount and valuation information have not been disclosed yet.
Chakra allows users to stake Bitcoin while retaining ownership of assets, gives customer engagement on consensus and governance of PoS blockchains, including Bitcoin L2, and facilitates the creation of derivatives that interact with DeFi applications.