On April 9, 2024, Thesis, a venture studio, announced Mezo, a new Bitcoin layer 2 solution, and disclosed the closing of a $21 million fundraising for Mezo led by Pantera Capital. Mezo is a permissionless Bitcoin economic layer leveraging a neutral smart contract infrastructure to offer a more diverse range of user-centric applications. Mezo is designed to amplify Bitcoin's infrastructure, provide cheap and fast transactions, and allow users to access real applications that use Bitcoin. Other investors in the fundraise included Multicoin, Hack VC, ParaFi Capital, Nascent, Draper Associates, Primitive Ventures, and Asymmetric Ventures.

Wilson Sonsini Goodrich & Rosati represented Pantera Capital in the transaction. The Wilson Sonsini team includes Jonathan Chan, Matt Quadrini, and James Power.

For more information, please see the press release.