It's been a while since I've seen projects in the BTC layer2 space. After the hype of the inscription era, it's clear that the market is feeling fatigued about infrastructure built "for issuing tokens." At this time, Mezo, which led a $21 million Series A funding round with Pantera Capital as the lead investor, is quite promising. It aims to solve the passive idle asset problem on BTC through protocols. Recently, Mezo has been quite active, just announcing developments on the ETH chain.

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