The Citrea Recap — October
Welcome to The Citrea Recap, the only newsletter covering everything Citrea.
With Testnet launching in September and funding announcement in October, Citrea is seriously accelerating the development and ecosystem building. Sign up for the Citrea Recap to keep yourself up to date!
Here’s what we’ll be covering today:
- Bitcoin Takeover Podcast with Vlad
- Citrea Ecosystem Updates
- BitVM Alliance
- Citrea Series A Announcement
- Citrea Origins Developer Program
- Alpha for Next Month
Bitcoin Takeover Podcast with Vlad
Vlad Costea hosted Citrea on his podcast, Bitcoin Takeover, following our Testnet announcement.
In the episode, we quickly covered the differences between rollups and sidechains, discussing their respective trade-offs. We then dove deep into our mission of building a Bitcoin-backed economy. Through zero-knowledge technology, Citrea enables the Bitcoin network to support diverse on-chain applications and platforms. More importantly, Citrea enables developers to facilitate non-custodial use cases for Bitcoin.
Listen to Bitcoin Takeover for more insights.
The Main Squeeze: Citrea will onboard users to Bitcoin, non-custodially.
Citrea Ecosystem Updates
The Citrea ecosystem is accelerating rapidly! With the Testnet going live, Citrea has captured the attention of many developers and projects. This month, we successfully onboarded two new projects to Citrea. Additionally, Citrea’s native project, Namoshi, has officially emerged from stealth mode.
We announced our integration with OOOO bridge - an interoperability protocol with support for the Bitcoin ecosystem. We also announced our integration with Hyperlane which will enable developers to build interoperable applications on Citrea Testnet.
Lastly, Citrea ecosystem project Namoshi came out of stealth. Namoshi is the first name service protocol on Citrea. Get ready for your .citrea names!
The Main Squeeze: Keep an eye on the Citrea ecosystem. It is getting serious.
BitVM Alliance
Our commitment to minimizing trust assumptions has accelerated with the formation of the BitVM Alliance. By joining forces with other builders and projects, we’re working to establish the foundations for trust-minimized Bitcoin bridges.
The core goal of this alliance is to develop a production-ready zk-verifier that operates on Bitcoin without requiring a soft fork. We’re targeting the end of the year to achieve this milestone.
The Main Squeeze: Our mission is to minimize trust assumptions and maximize Bitcoin’s utility.
Citrea's Series A Announcement
October’s biggest highlight was our Series A funding announcement, led by Peter Thiel’s Founders Fund. We are proud to be backed by visionary supporters such as Erik Voorhees, Maven 11, Balaji Srinivasan, Mert Mumtaz, Jameson Lopp, and more.
This round serves as a catalyst for Citrea’s development, growth, and ecosystem expansion. We are dedicating our resources to building Citrea’s developer community and realizing our mission of establishing a fully Bitcoin-backed economy.
The Main Squeeze: We've got the resources. Now, it is time to accelerate!
Citrea Origins Developer Program
Alongside our funding announcement, we introduced Citrea Origins, Citrea’s elite developer program. As the first program of its kind, Citrea Origins is dedicated to building fully Bitcoin-backed applications.
The Origins program brings together top developers to create applications that will drive adoption for a Bitcoin-backed economy. This initiative goes beyond coding—it’s about building financial systems that empower individuals, eliminate intermediaries, and extend Bitcoin’s utility as a global financial force.
The Citrea team is fully committed to supporting selected teams and developers through development, marketing, and fundraising. The first group of Citrea Origins developers gathered in Bangkok from November 3 to 10. Stay tuned for updates, and be sure to follow the Citrea Origins X account.
The Main Squeeze: If you have an idea or an early-stage project, apply to Citrea Origins.
Alpha for Next Month
October was busy and productive, but believe me—you’ll see the fruits of our efforts in November. Here’s a sneak peek of what’s coming:
- Citrea Origins will be making waves.
- Exciting updates from Citrea Ecosystem projects are on the way.
Follow us on X to stay updated. Join our Discord for more alpha and community support.