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', raised 20 million dollars in financing, and focused on core development. Adriano DiLuzio (formerly of Algorand Labs) will serve as Chief Technology Officer and lead the development of Stacks core and SBTC."

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