The exchange has been remarkably successful, witnessing tremendous growth over the past year and expanding into Web3, NFTs, and many other business lines in the crypto economy. Bitget was an early supporter of such projects as zkSync and NEAR.

Zulu Network x Bitget Wallet Integration

In integrating the Zulu Network, Bitget Wallet is fulfilling its mission to support innovation in Bitcoin and in supporting the burgeoning Bitcoin Layer 2 scene.

Bitget users will benefit from having access to new and innovative new projects including Zulu Network, while benefiting from the convenience of the array of product offerings in the Bitget Wallet network.

Zulu Network users now have an additional option for connecting with and using Zulu’s innovative Bitcoin scaling solution. With Bitget Wallet’s ability to support not just the Zulu EVM chain, but also the Bitcoin test net, realizing the full benefit of Zulu’s unique offering will be a breeze for their users.

Zulu brings Bitfi to Bitget’s users, opening up a whole new realm of utility in the Bitcoin ecosystem.

About Bitget Wallet

Formerly known as BitKeep, Bitget Wallet stands as Asia’s largest and a global frontrunner among all-in-one Web3 multi-chain wallet and offers a comprehensive range of on-chain products and DeFi services to their users, including wallet functionality, Swap feature, NFT trading, DApp browsing, and more.

With a 5-year legacy, Bitget Wallet has garnered acclaim from over 12 million users worldwide and has secured partnerships with prominent industry leaders including Ethereum, BNB Chain, Arbitrum, Polygon, and others. This success stems from their commitment to consistently delivering secure and convenient products and services.

In March 2023, Bitget, a leading crypto derivatives trading platform made a substantial $30 million investment in BitKeep, acquiring a controlling stake. Following this strategic move, BitKeep underwent a transformative and strategic brand evolution in August, officially rebranding itself as Bitget Wallet.

With an innovative product and service upgrade that places trading at their core, they are committed to enriching the trading experience for all Web3 users.

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About Zulu Network

Zulu Network is the first Bitcoin Layer 2 with 2-layer architecture. ZuluPrime is EVM compatible, for scaling and BitFi; ZuluNexus offers UTXO programmability, a unique solution to continuously support Bitcoin native innovation (cheaper, fast, extendable and programmable).

Zulu’s other innovations also include its decentralized bridge and its unique hybrid PoS / PoW mining design.

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SOURCE: ZULU BLOG

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This pre-seed investment featured participation from Cryptogram Venture (CGV), D11 Labs, Web3.com Ventures, Satoshi Labs, Splinter Node Capital, Polk Street Capital, BlueRun Ventures China, Ledger Capital, Link Capital, Jingle Mining, Waterdrip Capital, K24 Ventures, and CatcherVC, among others.

Zulu Network – A New Introduction

Zulu Network, a trailblazer in Bitcoin Layer 2 solutions, features a distinctive two-tiered architecture. This platform accommodates both EVM and UTXO, leading to groundbreaking progress in the Bitcoin ecosystem.

The Zulu Network introduces a pioneering dual-layer architecture on Bitcoin, incorporating L2 and L3.

ZuluPrime (EVM)
An EVM-compatible L2 platform aimed at building a new BitFi (Bitcoin DeFi) ecosystem through smart contracts and decentralized applications (dApps).

ZuluNexus (UTXO)
A L3 platform that integrates the scalability of UTXO and focuses on innovation of Bitcoin’s original ecosystem and native assets.

Decentralized Bitcoin Bridge Infrastructure

Zulu Network is in the process of creating the initial decentralized Bitcoin bridges. These bridges will link all Bitcoin Layer 2s and the entire cryptocurrency ecosystem to the Bitcoin network.

Furthermore, Zulu is developing and supporting a diverse ecosystem within the Bitcoin economy. This enables native Bitcoin assets to interact with advanced DeFi applications and financial services, all while maintaining the Bitcoin Network’s original security, dependability, and functionality.

“Zulu Network’s innovative dual-layer network structure within the Bitcoin ecosystem not only provides users with more stable and innovative services but also offers tremendous value and potential for DeFi applications. The EVM compatibility and smart contract functionality of ZuluPrime, along with the hybrid design of UTXO and account types in ZuluNexus, represent new directions for the future development of the Bitcoin ecosystem” — Steve Chiu, founder of CGV, a leading blockchain investment and fund of funds (FoF)

Entering a Fresh Bitcoin Era with Zulu Network

This funding will kickstart a new era for BitFi (Bitcoin DeFi) and broaden the possibilities for Bitcoin native assets within the entire cryptocurrency realm.

Zulu will concentrate on the following areas:

1. Dual-layer Architecture
   The Zulu Network plans to improve ZuluPrime and ZuluNexus infrastructure by enhancing EVM compatibility, UTXO scalability, and smart contract functionality for DeFi applications.
   
2. Decentralized Bitcoin Bridge Advancement
   Zulu Network is pioneering a fully decentralized Bitcoin Bridge, focusing on enhancing bridge infrastructure to connect Bitcoin Layer 2 and the entire crypto industry through a unique architecture.
3. Ecosystem Expansion
   Investing in ecosystem expansion to attract developers for innovative BitFi applications and form strategic partnerships to enhance Bitcoin DeFi adoption and utility.
4. Research & Development (R&D)
   Zulu Network invests in research and development to improve Bitcoin’s capabilities and integration within the Zulu architecture.

Zulu Network’s Decentralized Bitcoin Bridge Links Bitcoin Layer2 ecosystems to the Bitcoin Network, fostering innovation for developers and users in the Bitcoin Economy.

At the time of writing, the Zulu Network Tesnet LWAZI is live!

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