Two Bitcoin (CRYPTO:BTC) layer two (L2) projects, Botanix Labs and ZKM, recently secured significant investments to enhance Bitcoin's decentralised finance (defi) capabilities.

Botanix Labs received $11.5 million to develop its decentralised Turing-complete L2 EVM, while ZKM attracted $5 million for its zkVM-based technology.

These initiatives combine Bitcoin's PoW consensus with innovative PoS schemes to strengthen security and offer yield opportunities for BTC holders.

The investments highlight growing investor confidence in Bitcoin's expanding role in defi, signaling a promising future for financial innovation and security in the Bitcoin ecosystem.