PANews reported on February 5 that according to The Block, Bitcoin Ordinals project Taproot Wizards is raising $30 million in its first post-seed round. This round of financing was led by Standard Crypto, an early supporter of Taproot Wizards, and participated by Cyberfund, Collider Ventures and other institutions. The project will use the new funds to promote the development of the OP_CAT ecosystem to enhance Bitcoin's smart contract functions.

It is reported that Taproot Wizards was founded in 2023. In February 2023, the minting of Taproot Wizard #0001 produced a 4MB block, which was the largest block and transaction in Bitcoin at that time. The team also launched the Ordinals series Quantum Cats, which is currently the highest market value among Bitcoin NFT projects.

Previously in November 2023, Taproot Wizards completed US$7.5 million in financing .