According to Bits.com, according to the official Bloctopus news, the original LZero is now renamed Bloctopus and has completed a US$1 million pre-seed round of financing led by Hivemind Capital. Participants include Techstars, IronKey Capital and multiple blockchain founders. Bloctopus is committed to creating an on-chain "Firebase". It cooperates with the Ethereum Foundation, Kurtosis, etc. to launch developer tools that can be deployed on demand, aiming to reduce DevOps costs by 90% and improve development efficiency by 20 times. Its v1 version has been launched and supports cross-chain environment simulation.