KuCoin Backs BTC Ecosystem With Strategic Investment in Dovi

• KuCoin Labs has made a notable investment in Dovi, a Bitcoin Layer 2 solution.
• KuCoin Labs has deployed funds dedicated to supporting BTC-native projects
• The head of KuCoin Labs affirmed to continue assisting Dovi in achieving its pivotal milestones, including product innovation and market expansion.

KuCoin Labs, the incubator and investment arm of the KuCoin ecosystem, has made a strategic move indicative of its foresight within the BTC ecosystem. Specifically, KuCoin has disclosed a notable investment in Dovi, a Bitcoin Layer 2 solution.

The KuCoin team communicated this development to Coin Edition in a recent statement. Per the notification, this investment underscores KuCoin Labs’ commitment to blockchain technology and its comprehension of the evolving landscape of the crypto industry.

We are delighted to announce our strategic investment in and partnership with @Dovi_L2, an innovative BTC L2 solution aiming to optimise transaction efficiency . We will continue to assist Dovi in achieving its pivotal milestones to bring an efficient application for users! pic.twitter.com/uMCYHw1Res

— KuCoin Labs (@KCLabsOfficial) December 10, 2023

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