PANews reported on November 8 that according to official news, Bitcoin L2 interoperability layer Map Protocol announced that it has received a strategic investment of US$1 million from blockchain company Gryps. The new funds will be used to promote the functionality of Bitcoin Layer2 solutions.
According to reports, MAP Protocol was established in 2019 and uses ZK light client technology as a gateway for developers and users within the Bitcoin ecosystem to promote interoperability between different blockchain ecosystems.