According to an announcement released on Tuesday, Bitcoin Ordinals project Taproot Wizards raised US$30 million in its first round of financing after its seed round, the Internet reported. Udi Wertheimer, co-founder of the project, said that like the previous round of $7.5 million in financing, this financing is also to further promote the project to "make Bitcoin magical again." Taproot Wizards 'name comes from the "Bitcoin Magician" memo created with MS Paint, an early independent ad for the "Magic Internet Currency" and an upgraded version of Taproot that expands Bitcoin's capabilities. This round of financing was led by Standard Crypto, an early supporter of Taproot Wizards, with participation from Cyberfund, Collider Ventures and other institutions.