🍿 Bitcoin L2 DEX Raises $1.3M in Pre-seed Funding & the Launch of N21

Big news for Bitcoin builders! This week highlights the launch of N21, a go-to-market prep program supporting startups with everything from technology to fundraising. Meanwhile, other builders celebrate successful pre-seed funding rounds, TVL milestones, and technical improvements.

🍿 Stacks Snacks

• Bitcoin DEX Bitflow raises $1.3M in pre-seed funding to continue building critical infrastructure for Bitcoin DeFi.

• Stacks Foundation Executive Director Mitchell Cuevas announces N21, a “launch readiness” program for teams preparing for the Stacks Nakamoto release.

• Arkadiko teases the launch of Arkadiko 2.0.

• OKX shares Bitcoin 2024 Outlook, featuring Stacks as scaling solution and ALEX as finance layer for Bitcoin.

• StackingDAO celebrates $20M in TVL.

• Hiro Systems reports to have reduced block ingestion time for the Stacks API by 85-95%.

😋 Other tasty content

• Blockworks highlights that DeFi is Bitcoin’s missing ingredient.

• ALEX Founder Chiente Hsu gives her thoughts on the latest Bitcoin L2 report by Spartan, as well as the OKX report.

• 3 days until the first month of #Nakamojo closes. Join the competition now!

• Hermetica Finance highlights the Stacks L2 developer statistics with established devs up 51% YoY.

• sBTC Product Lead Andre Serrano published The Opportunity for Stacks via the Bowtied Bull newsletter.