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KuCoin Labs Invests in Bitcoin Layer2 Solutions Provider Dovi for Expansion and Development

KuCoin Labs has invested in Dovi, a provider of solutions for Bitcoin Layer2. The amount of the investment has not been disclosed. Dovi plans to use the funds to expand its operations and development efforts. The company is led by CEO Dovi and offers a community-driven Bitcoin Layer 2 and EVM-compatible smart contract platform, which aims to improve scalability, lower transaction costs, and promote a more secure and decentralized financial ecosystem.

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