Thesis Launches Bitcoin Economic Layer, Mezo, with $21M Raise Led by Pantera Capital
Summary
Thesis launches the Economic layer, Mezo, ensuring technology serves the broader economic ambitions of holders Mezo closes fundraising led by Pantera Capital, with participation from Multicoin, Hack VC, Draper Associates, Primitive Ventures, Asymmetric Ventures and , DCF God, among others - following a raise led by ParaFi Capital & Nascent in January to support Thesis development of MezoNEW YORK, April 9, 2024 /PRNewswire/ -- Thesis, a venture studio funding and building brands on Bitcoin, today announced the launch of Bitcoin Economic Layer, Mezo, from stealth and also disclosed the closing of a $21M fundraising led by Pantera Capital. Mezo will go live with ecosystem support from Thesis-built tBTC, which allows for trust-minimized bitcoin bridging to numerous ecosystems.Thesis also disclosed that their vision for Mezo as Bitcoins Economic Layer has garnered fundraising support from top VC firms including Pantera Capital, Multicoin, Hack VC, ParaFi Capital, Nascent, Draper Associates, Primitive Ventures, Asymmetric Ventures and Dan Held, DCF God - among others.Matt Luongo, CEO of Thesis & Founder of Mezo, commented on todays news: "Bitcoin can be more than savings technology it can be used to wildly improve our world. "Im thrilled to support the Thesis team in bringing Mezo to life as Bitcoins new economic layer," said Dan Morehead, Founder and Managing Partner of Pantera Capital. "Kyle Samani, Managing Partner at Multicoin Capital, commented: "We believe in the Mezo teams vision of creating an economic layer for Bitcoin that will make it more than just a store of value. Mezos expansive vision for putting Bitcoin to work alongside Thesiss proven availability to develop successful Bitcoin-focused projects and brands is whats needed to bring economic activity on-chain.