Surge Raises $1.8M to Scale Bitcoin with MetaLayer Tech.

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Surge, a Bitcoin protocol layer designed to improve scalability and functionality, has raised $1.8M in pre-seed funding to accelerate the development of its MetaLayer technology. The funding round attracted notable investors such as Autonomy, Gerstenbrot Capital, Sats Ventures, and angel investors like Coingecko’s co-founders. Surge's MetaLayer aims to address Bitcoin's scalability issues by enabling decentralized applications (dApps), rollups, and complex use cases without requiring soft or hard forks. By leveraging advanced cryptographic techniques like Zero-Knowledge Proofs and Inter-Blockchain Communication (IBC), Surge offers both Bitcoin’s security and the scalability needed for modern decentralized applications.

The project collaborates with Movement Labs to bring BTC liquidity to Move-based DeFi, enabling seamless interoperability between the Bitcoin and Move ecosystems. This partnership is expected to drive BTCFi adoption and expand liquidity networks. Surge plans to launch its testnet soon, allowing developers to build on its platform, marking a significant step forward in Bitcoin scalability and application development.

Surge has gained validation at ETH Denver 2024 and continues to collaborate with Bitcoin ecosystem teams to solve key scalability challenges. With its innovative MetaLayer technology, Surge is set to be a pivotal player in the future of Bitcoin’s scaling solutions. 🚀💡