HEMI(Hemi)24-hour increase of 12.70%, market cap approximately $15.9 million

Gate News Bot message, December 5th, according to CoinMarketCap data, as of press time, HEMI(Hemi) is currently trading at $0.02, up 12.70% in the past 24 hours, reaching a high of $0.02 and a low of $0.01. The current market cap is approximately $15.9 million, an increase of $1.79 million compared to yesterday.

Hemi is a unified Bitcoin economic layer designed to activate compliant Bitcoin yields without leaving custody. The platform unifies Bitcoin’s security with Ethereum-level programmability, allowing institutions to deploy native BTC in yield strategies while maintaining full control and compliance.

Recent key updates on HEMI:

1️⃣ Successfully completed $15 million funding round Hemi completed a $15 million funding round prior to its token launch. The funds will be used to expand its Bitcoin programmability layer, providing strong support for its upcoming token and ecosystem development.

2️⃣ Bitcoin programmability solution gains attention Hemi Labs’ Bitcoin programmability solution under development has attracted widespread market attention. This technology aims to combine Bitcoin’s security with Ethereum-level programmability, offering new yield strategy opportunities for institutional investors.

3️⃣ Potential application for Bitcoin ETF platform A company associated with Trump is considering utilizing Hemi’s Bitcoin programmability technology to build a Bitcoin Treasury ETF platform. This potential application demonstrates the significant potential of Hemi’s technology in financial innovation.

From a technical perspective, the rise in HEMI token price reflects the market’s positive expectations for its technology and application prospects. However, as the project is still in its early stages, investors should closely monitor the progress of its mainnet and token launch.

This message does not constitute investment advice. Please be aware of market volatility risks when investing.