Bitcoin rewards app Lolli acquires browser extension Slice, accelerating its adoption of the Lightning Network.

PANews reported on October 31st that, according to The Block, Bitcoin rewards app Lolli has acquired the browser extension Slice, which allows users to earn BTC while browsing the web. This acquisition follows Lolli's acquisition this summer by Bitcoin infrastructure company Thesis (the acquisition amount was undisclosed). This merger will help enhance the earning potential for Lolli users. Currently, users earn Bitcoin rewards when shopping online through partner retailers. Slice rewards users for "passive" online activities such as scrolling pages and streaming media. Notably, this acquisition will also accelerate Lolli's adoption of the Lightning Network, enabling withdrawals from the Layer 2 network. Prior to the acquisition, Lolli raised $8 million in a Series B funding round led by Bitkraft Ventures in 2023, bringing its total funding to over $28 million.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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