Interoperability project Interlay has been selected to receive a Web3 Foundation grant to continue its work on Polkadot. The money will be used to develop a parachain on Polkadot that will connect to the (BTC) blockchain.
According to the March 5 announcement, Interlay is one of the recipients of Web3 Foundation’s fifth wave of grants deliberated in Q1 2020.
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Source: Cryptocurrency - investing.com