Arch Labs secures 13 million USD Series A for Bitcoin smart contracts

On April 22, Arch Labs announced a successful funding round of 13 million USD led by Pantera Capital. This financial boost is set to aid in the development of ArchVM, enabling innovative smart contracts on Bitcoin.

As of April 22, 2025, Bitcoin (BTC) is trading at 91,387.56 USD, representing a market cap of 1.81 trillion USD. The current trading volume over the last 24 hours was 45.44 billion USD, reflecting an upward trend in Bitcoin’s market position.

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