On March 26th, BEVM, the first CDP stablecoin protocol in the ecological field, announced the completion of its seed round financing. The financing was led by Web3Port Foundation and Waterdrip Capital, with participation from BEVM Foundation, Cogitent venture, Statoshi Lab, GP of MH Venture/co-founder of BSCnews, Movebit, Supremacy, and other institutions.

Since early March, Satoshi Protocol has launched the Bitcoin Layer2 solution BEVM testnet. Over 80,000 Genesis NFTs have been minted, and during the testnet period, a limited supply of 25,000 OAT tokens has been fully distributed. Over 100,000 addresses have participated in the testnet within two weeks. Currently, the protocol is preparing to officially launch on the mainnet in the near future.

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