Welcome to Hemi—the new era of BTCFi.
Welcome to Hemi—the new era of BTCFi.
Investors include:
Hemi turns idle BTC into unstoppable capital. Deploy your Bitcoin across Ethereum dApps, Layer-2s, and beyond — without wrappers, custodians, or middlemen. Pure programmability. Absolute sovereignty.
TVL (Total Value Locked)
Raised (Seed & Growth Round)
Bitcoin-Secured Transactions
Block Height
Community Members
Verified Human Users
EOAs (Externally Owned Accounts)
Ecosystem Protocols (And Counting)
From top-tier liquidity giants to next-gen protocols and apps, Hemi is where the industry’s innovators build. With over 90+ partners, $1.2B+ in TVL, and new ecosystem deployments weekly, can you believe we’re just getting started?
“Being one of the first developers of BTC, yeah, that was pretty cool. But now I’m creating my Magnum Opus.”
Co-founder of Bloq. Lead engineer of Hemi. One of the original architects of Bitcoin itself.
Jeff spent five years as a core Bitcoin dev and a decade shaping the Linux kernel — code that’s now embedded in every Android device and modern data center on Earth. His fingerprints are on two of the most important protocols of our time.
Now he’s building the third.
“We didn’t just fix what was broken, we built what was missing.”
Max Sanchez is a protocol prodigy. Before leading architecture at Hemi, he co-invented the Proof-of-Proof (PoP) consensus system and co-founded VeriBlock, engineering an entire blockchain designed to inherit Bitcoin’s security trustlessly.
A builder since 2011, Max launched the first post-quantum testnet, discovered critical vulnerabilities in major chains, and developed early open-source GPU miners.
Now he’s designing the infrastructure layer that could define the next decade of crypto.
“Money is technology. And Hemi is how we’re turning that insight into the future.”
Matthew Roszak is a crypto pioneer, venture capitalist, and one of the earliest backers of Ethereum, Coinbase, and Kraken. He’s also the co-founder and chairman of Bloq, a company that’s helped Fortune 100s, banks, and governments navigate blockchain infrastructure and digital assets.
Matt has advised the World Economic Forum, gifted crypto to members of Congress, and helped drive adoption at the highest levels of finance and policy.
Now, with Hemi, he’s helping unify the world’s most important blockchains while defining the next era of programmable value.
“Being one of the first developers of BTC, yeah, that was pretty cool. But now I’m creating my Magnum Opus.”
Co-founder of Bloq. Lead engineer of Hemi. One of the original architects of Bitcoin itself.
Jeff spent five years as a core Bitcoin dev and a decade shaping the Linux kernel — code that’s now embedded in every Android device and modern data center on Earth. His fingerprints are on two of the most important protocols of our time.
Now he’s building the third.
“We didn’t just fix what was broken, we built what was missing.”
Max Sanchez is a protocol prodigy. Before leading architecture at Hemi, he co-invented the Proof-of-Proof (PoP) consensus system and co-founded VeriBlock, engineering an entire blockchain designed to inherit Bitcoin’s security trustlessly.
A builder since 2011, Max launched the first post-quantum testnet, discovered critical vulnerabilities in major chains, and developed early open-source GPU miners.
Now he’s designing the infrastructure layer that could define the next decade of crypto.
“Money is technology. And Hemi is how we’re turning that insight into the future.”
Matthew Roszak is a crypto pioneer, venture capitalist, and one of the earliest backers of Ethereum, Coinbase, and Kraken. He’s also the co-founder and chairman of Bloq, a company that’s helped Fortune 100s, banks, and governments navigate blockchain infrastructure and digital assets.
Matt has advised the World Economic Forum, gifted crypto to members of Congress, and helped drive adoption at the highest levels of finance and policy.
Now, with Hemi, he’s helping unify the world’s most important blockchains while defining the next era of programmable value.
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Testnet launch @ Bitcoin 2024
Hemi community starts using up to 90% of Bitcoin testnet3
First 1M Proof-of-proof transactions in 1 day
$15M seed round led by YZi (formerly Binance Labs)
Testers broke Sepolia, gas at 10k gwei
$250M raised during pre-mainnet staking
4/20 – $1B TVL (within 38 days of mainnet launch); Post-money valuation $295M
Satoshi Nakamoto’s Bitcoin Whitepaper Published, igniting the programmable money revolution
Jeff Garzik joins Bitcoin Core as one of the earliest and most prolific BTC developers
Matt Roszak early investor in Blockstream, aimed to scale BTC through sidechains, and engages with SegWit & Drivechain to expand BTC’s data capacity & programmability
Max Sanchez pioneers Proof-of-Proof (PoP): a novel way to inherit Bitcoin’s security trustlessly and builds VeriBlock as an experiment in using Bitcoin PoW to secure other chains
Jeff, Matt, and Max align and identify the need for a true Bitcoin-Ethereum L2 supernetwork
Hemi is launched as a culmination of Jeff’s core dev history, Max’s cryptographic and PoP expertise, and Matt’s persistent investment in Bitcoin extensibility
Testnet launch @ Bitcoin 2024
Hemi community starts using up to 90% of Bitcoin testnet3
First 1M Proof-of-proof transactions in 1 day
$15M seed round led by YZi (formerly Binance Labs)
Testers broke Sepolia, gas at 10k gwei
$250M raised during pre-mainnet staking
Mainnet launch
100,000 verified human beings on mainnet
$1.2B TVL
Satoshi Nakamoto’s Bitcoin Whitepaper Published, igniting the programmable money revolution
2008Jeff Garzik joins Bitcoin Core as one of the earliest and most prolific BTC developers
2010-2013Matt Roszak early investor in Blockstream, aimed to scale BTC through sidechains, and engages with SegWit & Drivechain to expand BTC’s data capacity & programmability
2013-2017Max Sanchez pioneers Proof-of-Proof (PoP): a novel way to inherit Bitcoin’s security trustlessly and builds VeriBlock as an experiment in using Bitcoin PoW to secure other chains
2017-2021Jeff, Matt, and Max align and identify the need for a true Bitcoin-Ethereum L2 supernetwork
2021-2023Hemi is launched as a culmination of Jeff’s core dev history, Max’s cryptographic and PoP expertise, and Matt’s persistent investment in Bitcoin extensibility
2024First 1M Proof-of-proof transactions in 1 day
AUG. 2024First 1M Proof-of-proof transactions in 1 day
$15M seed round led by YZi (formerly Binance Labs)
SEPT. 2024$15M seed round led by YZi (formerly Binance Labs)
Testers broke Sepolia, gas at 10k gwei
OCT. 2024Testers broke Sepolia, gas at 10k gwei
$250M raised during pre-mainnet staking
MAR. 2025$250M raised during pre-mainnet staking
Satoshi Nakamoto’s Bitcoin Whitepaper Published, igniting the programmable money revolution
Jeff Garzik joins Bitcoin Core as one of the earliest and most prolific BTC developers
Matt Roszak early investor in Blockstream, aimed to scale BTC through sidechains, and engages with SegWit & Drivechain to expand BTC’s data capacity & programmability
Max Sanchez pioneers Proof-of-Proof (PoP): a novel way to inherit Bitcoin’s security trustlessly and builds VeriBlock as an experiment in using Bitcoin PoW to secure other chains
Jeff, Matt, and Max align and identify the need for a true Bitcoin-Ethereum L2 supernetwork
Hemi is launched as a culmination of Jeff’s core dev history, Max’s cryptographic and PoP expertise, and Matt’s persistent investment in Bitcoin extensibility
Testnet launch @ Bitcoin 2024
Hemi community starts using up to 90% of Bitcoin testnet3
First 1M Proof-of-proof transactions in 1 day
$15M seed round led by YZi (formerly Binance Labs)
Testers broke Sepolia, gas at 10k gwei
$250M raised during pre-mainnet staking
Mainnet launch
100,000 verified human beings on mainnet
$1.2B TVL
Satoshi Nakamoto’s Bitcoin Whitepaper Published, igniting the programmable money revolution
2008Jeff Garzik joins Bitcoin Core as one of the earliest and most prolific BTC developers
2010-2013Matt Roszak early investor in Blockstream, aimed to scale BTC through sidechains, and engages with SegWit & Drivechain to expand BTC’s data capacity & programmability
2013-2017Max Sanchez pioneers Proof-of-Proof (PoP): a novel way to inherit Bitcoin’s security trustlessly and builds VeriBlock as an experiment in using Bitcoin PoW to secure other chains
2017-2021Jeff, Matt, and Max align and identify the need for a true Bitcoin-Ethereum L2 supernetwork
2021-2023Hemi is launched as a culmination of Jeff’s core dev history, Max’s cryptographic and PoP expertise, and Matt’s persistent investment in Bitcoin extensibility
2024First 1M Proof-of-proof transactions in 1 day
AUG. 2024First 1M Proof-of-proof transactions in 1 day
$15M seed round led by YZi (formerly Binance Labs)
SEPT. 2024$15M seed round led by YZi (formerly Binance Labs)
Testers broke Sepolia, gas at 10k gwei
OCT. 2024Testers broke Sepolia, gas at 10k gwei
$250M raised during pre-mainnet staking
MAR. 2025$250M raised during pre-mainnet staking
Network
Transaction Fees
Incentivizing Bitcoin Security Inheritance via PoP
Chain Payment in $HEMI for PoP Security Aggregation
Staking $HEMI in veHEMI System
Bootstrapping
Ecosystem Adoption
Hemi is the programmable Bitcoin chain that scales Bitcoin beyond money – powered by Bitcoin and Ethereum. Whereas other projects approach Bitcoin and Ethereum as ecosystem silos, Hemi views them as components of a single supernetwork. This unlocks new levels of programmability, portability, and potential for Bitcoin DeFi and more. Co-founded by Jeff Garzik (former Bitcoin Core developer) and Max Sanchez (inventor of the Proof-of-Proof consensus protocol), Hemi is led by a team of renowned blockchain engineers, strategic partners, and investors.
Unlike wrapped Bitcoin (wBTC) or centralized custodial solutions, Hemi utilizes a tunnel system and Proof-of-Proof consensus to transfer Bitcoin across chains securely. No middlemen. No synthetic tokens. Just real Bitcoin with full programmability and security.
$HEMI powers the financial core of the Hemi network. It’s used for staking, governance, transaction fees, and securing the network through PoP consensus. Staked $HEMI token holders ($veHEMI) will be eligible to share in network rewards.
Yes. To participate in governance decisions and earn staking rewards, we encourage token holders to stake their $HEMI tokens. The Staked Hemi Token is $veHEMI.
Yes. Hemi allows you to stake your tunnelled Bitcoin to earn rewards while maintaining ownership. You also have the option to stake $HEMI tokens for ecosystem-wide incentives.
Hemi is backed by over 90 ecosystem partners, including Sushi, LayerZero, MetaMask, Redstone, and more. A complete list is available on the Ecosystem page.
Join the notification alerts through the call-to-action on this page to stay updated.
Early registrants will receive detailed instructions on participation and allocation.
You can learn more about Hemi by reading our documentation, visiting our website, reading the whitepaper, or joining the community on Discord.
Satoshi Nakamoto’s Bitcoin Whitepaper Published, igniting the programmable money revolution
Jeff Garzik joins Bitcoin Core as one of the earliest and most prolific BTC developers
Matt Roszak early investor in Blockstream, aimed to scale BTC through sidechains, and engages with SegWit & Drivechain to expand BTC’s data capacity & programmability
Max Sanchez pioneers Proof-of-Proof (PoP): a novel way to inherit Bitcoin’s security trustlessly and builds VeriBlock as an experiment in using Bitcoin PoW to secure other chains
Jeff, Matt, and Max align and identify the need for a true Bitcoin-Ethereum L2 supernetwork
Hemi is launched as a culmination of Jeff’s core dev history, Max’s cryptographic and PoP expertise, and Matt’s persistent investment in Bitcoin extensibility
Testnet launch @ Bitcoin 2024
Hemi community starts using up to 90% of Bitcoin testnet3
First 1M Proof-of-proof transactions in 1 day
$15M seed round led by YZi (formerly Binance Labs)
Testers broke Sepolia, gas at 10k gwei
$250M raised during pre-mainnet staking
Mainnet launch
100,000 verified human beings on mainnet
$1.2B TVL