TNA Protocol Unveils Tier-One Investment From Likes of MH Ventures

According to a post on X/Twitter from leading Bitcoin-native project, TNA Protocol, it has received financial investment from three new backers in particular. 

Their decision to join us is a resounding endorsement of our vision.

Those backers being…

• MH Ventures
• Cogitent Ventures
• CSP DAO

Perhaps most exciting of the new investors is MH Ventures - The fund is quickly establishing itself as a leading cryptocurrency venture capital fund, only improving its reputation for making solid investment bets into early stage cryptocurrency projects.

MH Ventures is already a key backer for the likes of Ionet (IO), Merlin L2 (MERL), and Sei Network (SEI).

The existence of these three backers on TNA’s list of supporters should only serve to accelerate the project’s journey and core vision.

What is TNA Protocol?

Fundamentally, TNA is a protocol that allows for “issuing and managing name assets on Bitcoin” (a.k.a Tapnames). In other words, it provides a key use case to the burgeoning Bitcoin functionality ecosystem. 

“Tapnames are valuable Bitcoin NFTs that offer on-chain proof of uniqueness, programmability and naming functions, enhancing user experience and contributing as social assets to the dynamic Bitcoin ecosystem.”

However, TNA doesn’t stop there - It also integrates its own data availability (DA) framework to allow other parties to assist in driving forward the future of BTC.

To learn more about TNA’s exciting vision and journey, make sure to visit its official website, or take a look at its blog on Medium.