Draper Dragon officially announces investment in MIDL

2025-07-18 08:47

On July 18th, Draper Dragon officially announced its investment in MIDL. It is reported that MIDL is an abstract protocol originating from Bitcoin, aimed at directly executing dApps based on Solidity on the Bitcoin network, eliminating operational barriers between users and developers. This protocol creates a fully EVM compatible environment, allowing developers to migrate Ethereum dApps to Bitcoin within days instead of months. Draper Dragon originated from the DFJ Fund in Silicon Valley and was co founded in 2005 by globally influential venture capitalists and the first generation of domestic venture capital leaders. It is the core fund and director unit of the global early venture capital network alliance "Draper Venture Network".

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