Midl, a Bitcoin ecosystem smart contract infrastructure, has secured $2.4 million in seed funding led by Draper Associates.

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On July 30, Midl, a Bitcoin ecosystem smart contract infrastructure, announced the completion of a $2.4 million seed round, led by Draper Associates with participation from venture capital fund Draper Dragon.

The new funds are intended to support the construction of a native smart contract execution environment on the Bitcoin mainnet. The project is currently in the testnet phase and is expected to launch on the mainnet soon.

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