Coin World News reports that on July 18, Draper Dragon officially announced their investment in MIDL. Coin World News states that MIDL is an abstract protocol native to Bitcoin, designed to execute dApps written in Solidity directly on the Bitcoin network, eliminating operational barriers between users and developers. The protocol creates a fully EVM-compatible environment, allowing developers to migrate Ethereum dApps to Bitcoin in days instead of months.
Draper Dragon originates from the DFJ Fund in Silicon Valley, co-founded in 2005 by some of the world's most influential venture capitalists and leading figures of the first generation of venture capital in China. It is the core fund and governing unit of the global early-stage venture capital network alliance, Draper Venture Network.

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