Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE
Submitted by Anonymous (not verified) on Wed, 07/24/2024 - 08:00
Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates Bitlayer’s total funding to $16 million, bringing its valuation to $300 million. Institutional Investment Advances Bitlayer’s Bitcoin L2 Development Bitlayer […]