Round | Amount | Valuation | Date | Investors |
---|---|---|---|---|
-- | $15M | -- | Aug 26, 2025 | |
-- | $15M | -- | Sep 18, 2024 |
The Hemi Network is a modular Layer-2 protocol that unites Bitcoin and Ethereum into a single supernetwork, enhancing scalability, security, and interoperability. At its core, the Hemi Virtual Machine (hVM) runs a full Bitcoin node within an Ethereum Virtual Machine, giving developers a familiar environment with the combined power of both ecosystems.
With the Hemi Bitcoin Kit (hBK), developers gain detailed views of Bitcoin’s state, enabling advanced Bitcoin DeFi applications that were previously impractical on an EVM. Hemi’s Proof-of-Proof (PoP) consensus further boosts security, reaching Bitcoin-level finality in just a few hours.
Hemi also enables trustless cross-chain transfers through its “Tunnels” feature and supports external projects to launch their own chains secured by its technology. By offering advanced asset handling tools like routing, time-locks, and password protection, Hemi builds a more connected and efficient blockchain ecosystem.