Bitlayer Labs Receives $5M Funding and Launches $50M 'Ready Player One' Program
Bitlayer Labs Funding
Bitlayer Labs, known for its Bitcoin Layer 2 protocol, secured $5 million in funding from top investors like Framework Ventures and ABCDE Capital. The investment aims to drive the company towards becoming the computation layer for Bitcoin.
Investors & Ecosystem Partners
Leading investors and ecosystem partners, including StarkWare, OKX Ventures, and more, participated in the funding round, reinforcing Bitlayer's position in the Bitcoin ecosystem. Besides financial backing, Bitlayer also gained valuable support from prominent angel investors and ecosystem partners.
The Bitlayer Network
Bitlayer, utilizing BitVM technology, offers a secure and scalable Layer 2 network for Bitcoin, enhancing the ecosystem's scalability and interconnectivity. The new funding will further cement Bitlayer's leadership in promoting Bitcoin Layer 2 solutions and expanding globally.
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