Thesis Launches Bitcoin Layer-2 Network Mezo with $21M in Funding to Expand Bitcoin's Capabilities

• Venture studio Thesis unveils Bitcoin layer-2 network Mezo from stealth with $21M funding round led by Pantera Capital

• Mezo is a permissionless Bitcoin economic layer using neutral smart contract infrastructure for cheap, fast transactions

• Designed to amplify Bitcoin blockchain's infrastructure and provide applications enabling a thriving circular economy

• Will launch with support from Thesis' bitcoin-backed Ethereum token tBTC allowing Bitcoin in DeFi

• Allows users to hold bitcoin while earning yield for securing the network, replacing vital infrastructure