Odaily Planet Daily News BTC Layer2 Network Stacks Co-founder Muneeb Ali wrote on X platform: 'We have established a new Stacks entity, Bitcoin L2 Labs, which has raised $20 million in financing and is focused on core development. Adriano DiLuzio (formerly of Algorand Labs) will serve as Chief Technology Officer and lead the development work of Stacks core and SBTC.'

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