KuCoin Labs Unveils Strategic Investment

KuCoin Labs, the investment unit of KuCoin, has put in funding in Dovi, a community-driven Bitcoin Layer 2 and Ethereum Virtual Machine (EVM) compatible smart contract platform that was created to improve scalability while lowering transaction costs and promoting a more secure and decentralized financial ecosystem.

KuCoin Labs' latest investment in Dovi is overall a strategic step to further advance the development of the Bitcoin (BTC) ecosystem. This move also emphasized KuCoin's plans and expectations in the Bitcoin ecosystem. This also underlines the company's commitment to boosting innovation in the blockchain technology and ever-evolving crypto space in the long term.

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