May 9: Arch Labs, building Arch, described as the "first Bitcoin-native application platform," raised $7 million in a seed round led by Multicoin Capital, with participation from Portal Ventures, OKX Ventures, Big Brain Holdings, CMS Holdings, Tangent, Cypher and Newman Capital, according to a press release: "The company plans to use the funds to hire additional core developers, help launch the Arch Network into mainnet...