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Spartan Capital leads $10 million strategic funding round for Bitcoin DeFi developer ALEX

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ALEX leverages Layer 2s, bridges, oracles and other infrastructure to create a Bitcoin-specific decentralized finance layer.

Automated Liquidity Exchange , the firm developing Bitcoin's finance layer, announced Tuesday it has raised $10 million in strategic funding.

ALEX intends to continue developing its finance layer on Stacks, a Bitcoin network Layer 2, with the fresh funding.

 

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