Build on Bitcoin is a fully EVM-compatible hybrid L2 network powered by Bitcoin merged mining mechanism. It enables EVM developers to build new decentralized applications or integrate the network into existing ones with minimum changes in the codebase while offering a native level of security of the Bitcoin L1 chain.
Since its inception in 2019, the company has managed to raise over from Coinbase Ventures, IOSG Ventures, Alliance DAO, and others.
