Arch Labs Secures $13 Million to Develop Bitcoin Smart Contracts

Blockchain infrastructure firm Arch Labs has raised $13 million in Series A funding led by Pantera Capital to develop ArchVM, a technology poised to bring smart contracts to the Bitcoin ecosystem. Aiming for launch by summer 2025, ArchVM aims to introduce programmable multi-signature capabilities and inter-application composability features to enable a wider range of decentralized applications on Bitcoin. This move could significantly impact how users build and interact with financial rails within the Bitcoin economy.