Common Wealth Announces Alpha Fund Investment in Bitcoin Native Two-Layer Network Bitlayer
On June 13th, investment platform Common Wealth announced that its fund Alpha Fund has invested in Bitlayer. Bitlayer is a Bitcoin security equivalent Layer 2 solution based on the BitVM paradigm, dedicated to becoming the computing layer of Bitcoin, providing Bitcoin security equivalent and Turing complete. This collaboration is based on a shared vision of both parties to unlock the value of Web3 to a wider range of users.
Common Wealth is a Web3 investment platform for the general public. It mainly provides retail investors with the opportunity to participate in high-quality project seed rounds or private placements with professional investors. It currently has 220,000 overseas active users. Alpha Fund is one of Common Wealth's funds, and its goal is to participate in the investment of leading projects in this period, including but not limited to Bitcoin ecology, AI, RWA, DePIN, gaming and DeFi projects.