MemeBitcoin Raises $8M in Strategic Round to Tackle Quantum Threat

MemeBitcoin (MBTC), a Bitcoin-native project centered on reaching Satoshi's wallet before quantum computing does, has raised $8 million in a strategic round backed by Gemhead Capital, Archer Capital, M2M Capital, and Mayer Venture.

The funds will be used to fund the next phase of growth for MBTC, including a global community campaign, full public launch, and preparation for exchange listings. The project aims to make the problem participatory by allowing users to generate and test candidate private keys against Satoshi's public key through its web app.

The team behind MBTC has previously successfully listed their token on several exchanges, including Binance Alpha, Bybit Futures, Kraken, HTX, and HashKey. The project has already seen significant growth, with 23,700 total users, 18,350 daily active users, and a social & game completion rate of 92% as of late August.