The Bitcoin ecosystem AVS platform Pell Network has completed a $3.5 million strategic round of financing, with participation from D11-Labs and others

ChainCatcher news reports that, according to official sources, the Bitcoin ecosystem AVS platform Pell Network has completed a $3.5 million strategic funding round, with participation from D11-Labs, Web3Port Labs, ArkStream Capital, Taisu Ventures, Core Ventures, GoPlus Security, Astrarizon Ventures, and MultiversX. This funding will accelerate Pell Network's expansion and build a comprehensive full-chain infrastructure for AI-driven decentralized finance (DeFAI).

According to the Web3 asset data platform RootData, [Pell Network](https://www.rootdata.com/zh/Projects/detail/Pell Network?k=MTI3Mzg= "Bitcoin ecosystem AVS service") aims to create a decentralized token economy security leasing platform for the Bitcoin ecosystem. By building a network that aggregates native BTC Stake and LSD re-staking services, it allows stakeholders to choose to validate new software modules built on the Pell Network ecosystem. Stakers can choose to join by granting Pell Network's smart contracts the ability to impose additional reduction conditions on their staked assets, thereby allowing for the expansion of cryptocurrency economic security.