PANews reported on January 23 that according to The Block, Ethereum Layer2 network Corn has raised $8.3 million in a round of community financing. The round of financing was raised through a compliant token sale platform called Legion, involving 675 investors and venture capital firms such as Polychain, Amber, GSR, Presto, and Laser Digital. Corn pointed out that the participation conditions for venture capital firms and community investors are the same.

Although not yet fully operational, Corn aims to deepen the integration of Bitcoin into the DeFi ecosystem by using Bitcoin as a Gas token through a new hybrid tokenized version called BTCN. BTCN will be Corn's tokenized Bitcoin, backed by native Bitcoin at a 1:1 ratio and not limited to a single custodian or bridge solution. Corn will launch its own native token CORN to incentivize users and developers.