Midl Don Rais $2.4M for Native Bitcoin dApp Infrastructure
Midl don secure $2.4 million seed round wey Draper Associates and Draper Dragon dey lead to build native Bitcoin dApp infrastructure. This development go boost Bitcoin dApp infrastructure and e go fit run smart contract execution system plus Bitcoin-native token standard directly on mainnet, make sidechains and bridges no need again. Midl testnet dey live, early DeFi protocols don join and over 20 Bitcoin dApps dey deploy. Before dem launch for mainnet soon, the team get plans for retail-focused things to increase usage and liquidity. Wey industry veterans support dem well well, Midl dey aim to unlock Bitcoin $2 trillion liquidity and make on-chain DeFi grow. Traders suppose watch the mainnet launch plus the early adoption metrics, as dis fit change how Bitcoin ecosystem be and bring new trading chance.
Bullish
Di successful $2.4M seed round plus backing from top investors like Draper dey show say people get strong confidence for Bitcoin dApp infrastructure, wey fit boost trader sentiment. For short term, anticipation for Midl’s mainnet launch and early adoption metrics fit make traders dey buy BTC and related tokens speculatively as dem dey position for more on-chain activity and liquidity. For long term, native smart contract environment for Bitcoin fit expand hin DeFi ecosystem, open new use cases and liquidity channels—historically, big infrastructure upgrades and more developer activity dey align with price growth. This combination of factors dey support bullish outlook for Bitcoin.