Bitcoin L2 solution Bitfinity Network announced the completion of a $12 million funding round, including $7 million from institutions such as Polychain Beacon Fund, ParaFi, Draft Ventures and Warburg Serres, and $5 million raised from the community over-the-counter (OTC) token sale. The project will leverage Chain Fusion technology from the Internet Computer Protocol (ICP) to enable Bitcoin native assets to operate in the Ethereum compatible ecosystem.