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<h2 id="key-points">Key Points</h2>
<ul>
 <li>Bitcoin-native application platform Arch has secured $7 million in seed funding led by Multicoin Capital.</li>
 <li>Arch is a unique platform that allows for direct trading on the Bitcoin blockchain.</li>
</ul>
<p>Arch Labs, the creators of the Bitcoin-native application platform Arch, have successfully raised $7 million in a seed funding round. Multicoin Capital was the leading investor in this venture.</p>
<h2 id="investors-and-funding">Investors and Funding</h2>
<p>Other investors involved in the round were Portal Ventures, OKX Ventures, Big Brain Holdings, CMS Holdings, and Tangent. The fundraising began in March and closed in April, thanks to a high level of investor interest. The funding round was structured as a simple agreement for future equity (SAFE) with token warrants.</p>
<h2 id="about-arch">About Arch</h2>
<p>Arch is unique in that it claims to be the first Bitcoin-native application platform. It enables direct trading on the <a href="https://crypto.ro/en/cryptocurrencies/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin</a> blockchain. Matt Mudano, co-founder of Arch, stressed that Arch is not a Bitcoin Layer 2 network, but a Bitcoin-native application platform.</p>
<p>He explained that while most Layer 2 networks aim to improve scalability or introduce lower fee models on top of existing blockchains, Arch does not require users to bridge assets to an L2 to use programmable Bitcoin-based assets. This user custody aspect sets Arch apart from other Bitcoin L2s.</p>
<p>Developers can deploy applications on Arch quite easily. The ArchVM is entirely built in Rust, a programming language also used by Solana. For users, engaging with Arch-based applications will be straightforward, regardless of the Bitcoin wallet they use.</p>
<p>Several projects within the Bitcoin ecosystem have already begun migrating to Arch. More than 20 stealth-stage projects across stablecoins, decentralized exchanges, borrow/lend markets, and more are building on Arch’s devnet.</p>
<p>The next step for Arch is a public devnet, followed by its mainnet launch later this year. The Arch Foundation also plans to support the Bitcoin ecosystem through upcoming hackathon and grant programs.</p>

Multicoin Capital Leads $7M Funding Round for Bitcoin Application Platform Arch

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