LK Venture announces co-lead investment in Bitcoin cross-chain bridge XLink
LK Venture, a cryptocurrency investment research institution associated with Hong Kong-listed company Blueport Interactive (8267.HK), announced that it has jointly led the investment in XLink, a Bitcoin cross-chain bridge project, through the BTC NEXT fund for managing investments in the Bitcoin network ecosystem.
XLink is a Bitcoin cross-chain bridge project developed by the AlexLabs team. Its goal is to connect Bitcoin DeFi with the liquidity of Ethereum and other ecosystems, and to provide liquidity aggregation for protocol assets such as BRC20, ARC20, Runes, and Bitcoin Layer2 ecological assets based on the Bitcoin mainnet. Since its launch on December 1, 2023, XLink's total trading volume has exceeded 60 million US dollars.
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