Taproot Assets infrastructure project BitTap completes pre-seed round of financing, led by Waterdrip Capital

BlockBeats reported that on May 6, according to official news, BitTap, the Taproot Assets infrastructure construction project, has completed a pre-seed round of financing, led by Waterdrip Capital. The funds raised will be used to develop a decentralized trading platform and non-custodial wallet based on the Taproot Assets protocol.

As the first decentralized wallet in the field of the Taproot Assets protocol, the Alpha version of the BitTap plugin wallet is expected to be launched in May. The team is committed to building the Taproot Assets ecosystem, promoting compatibility with Bitcoin's Lightning Network and the Bitcoin main network, and has received official support from Lightning Labs. Currently, BitTap has started a seed round of financing, aiming to achieve one-click issuance and management of Bitcoin native assets based on the Taproot Assets protocol.