Arch Labs Secures $13 Million Series A for Bitcoin Smart Contracts – Coincu

Arch Labs, a blockchain infrastructure firm, secured $13 million in Series A funding from Pantera Capital on April 22. The firm aims to roll out ArchVM, bringing smart contracts to the Bitcoin ecosystem.

The new funding will expedite Arch Labs’ goal to integrate Programmable smart contract functionality into Bitcoin by 2025, which promises broader decentralized applications and protocols’ adoption.

ArchVM to Transform Bitcoin with Programmable Contracts by 2025

Arch Labs secured $13 million in Series A funding led by Pantera Capital. Their primary focus is developing and launching ArchVM, a virtual machine designed to enable smart contract functionality on Bitcoin. The project is spearheaded by CEO Matt Mudano, who emphasizes building financial rails for a Bitcoin-based economy.

Immediate changes include introducing programmable multi-signature capabilities and inter-application composability. This development could widen the range of decentralized applications running directly on Bitcoin, eliminating the need for bridges and external solutions.

Arch is building the permissionless financial rails for a Bitcoin-denominated world, said Matt Mudano, Founder and CEO of Arch Labs.

Bitcoin’s Market Position Amidst Innovative Developments

Did you know? The attempt to bring smart contracts directly to Bitcoin has been a focus since previous projects like RSK and Stacks. ArchVM’s native integration could potentially offer lower latency and higher security, directly leveraging Bitcoin’s blockchain.

As of April 22, 2025, Bitcoin (BTC) stands at $91,387.56, according to CoinMarketCap. Boasting a market cap of $1.81 trillion, Bitcoin holds a dominant market share of 63.69%. The recent 24-hour trading volume was $45.44 billion, experiencing an 11.47% increase. Over the last 24 hours, Bitcoin prices have increased by 4.84%, and the 7-day trend shows an 8.89% rise. However, the 60-day view reflects a 3.87% decline while the 90-day trend highlights a 12.01% decrease. The circulating supply remains at 19,854,853 BTC, with a capped max supply of 21 million coins.

Insights from the Coincu research team indicate potential extensive expansion in Bitcoin’s usability. The regulatory scrutiny may increase, focusing on DeFi’s role in traditional financial systems. This step forward will likely lead to technological innovations for executing decentralized applications directly on Bitcoin without intermediaries.