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Hemi Labs Secures $15M Funding to Revolutionize Bitcoin Programmability

Hemi Labs Secures $15M Funding to Revolutionize Bitcoin Programmability

Author:
CoindeskEN
Published:
2025-08-27 11:55:02
13
1

Hemi Labs Raises $15M to Expand Bitcoin Programmability

Bitcoin's scripting capabilities just got a major boost—and a $15 million vote of confidence.

Hemi Labs' funding round signals growing institutional belief that Bitcoin can do more than just store value. The raise comes as developers push the boundaries of what's possible on the world's oldest blockchain.

Beyond Digital Gold

That $15 million isn't just sitting in cold storage. Hemi's team is building tools that let developers create sophisticated smart contracts and decentralized applications directly on Bitcoin's base layer—no sidechains required.

The Programmability Push

While Ethereum dominates DeFi and smart contracts, Bitcoin's security and network effects remain unmatched. Hemi's approach could unlock trillions in dormant BTC value—assuming they can convince developers that Bitcoin's script language isn't just for multisig wallets.

Wall Street Meets Cypherpunks

The funding round likely included the usual suspect VCs who suddenly became Bitcoin maxis after the ETFs launched. Because nothing says 'decentralized future' like traditional finance firms pouring millions into making Bitcoin behave more like the chains they originally ignored.

Bitcoin might finally get its app layer—just in time for the next cycle's speculators to overhype it.

|Square

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