Mezo Raises $21 Million to Expand Bitcoin Economic Platform
Mezo Raises $21M in Funding
Mezo's Funding and Launch
Key Highlights:
- Funding Round: Mezo, a permissionless Bitcoin Economic Layer, raised $21 million in a funding round led by Pantera Capital.
- Investors: Participating investors include Multicoin, Hack VC, ParaFi Capital, Nascent, Draper Associates, Primitive Ventures, Asymmetric Ventures, and Dan Held.
- Expansion Plans: The funding will be used to expand Mezo's operations and development efforts.
Mezo's Target Market
- Bitcoin Holders: Mezo's permissionless Bitcoin Economic Layer aims to serve the broader economic ambitions of Bitcoin holders.
- Users Seeking Diverse Applications: Individuals looking for a more diverse range of user-centric applications built on Bitcoin.
- Bitcoin Ecosystems: Mezo will go live with ecosystem support from Thesis-built tBTC, enabling trust-minimized Bitcoin bridging to numerous ecosystems.
What Mezo Needs to Buy
- Development and Technical Expertise: Collaborating with developers and technical experts to enhance and expand Mezo's permissionless Bitcoin Economic Layer.
- Marketing and Branding Services: Engaging with marketing agencies and branding experts to promote Mezo's user-centric applications and attract Bitcoin holders.
- Partnerships and Integration: Collaborating with other Bitcoin ecosystem builders and platforms to expand Mezo's reach and integration capabilities.