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Programmable layer project Hemi completes a new round of financing of $15 million

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2025-08-26 12:03:58
Bitcoin programmable layer project Hemi completed a new round of financing of $15 million, bringing its cumulative financing to $30 million. YZi Labs, Republic Digital and HyperChain Capital led the investment, with participation from Breyer Capital, Big Brain Holdings, Crypto.com, DNA Fund, Selini Capital, Protein Capital, Quantstamp and Web 3.com.
Hemi plans to further advance the development of the network ahead of the upcoming token offering event, with core technologies including the Hemi Virtual Machine (hVM), cross-chain "Tunnels", and proof-of-proof consensus designs based on founder Maxwell Sanchez, designed to enable Ethereum-like smart contract functionality while maintaining Bitcoin security.
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