Bitlayer raises $9M in Extended Series A funding round
#Bitlayer secures $9M in Extended Series A funding round co-led by Polychain Capital and Franklin Templeton, with participation from SCB Limited, Selini Capital, G-20 Group and other investors. The funding round brings ââBitlayer's total funding to $25M. Bitlayer is gearing up to launch its V2 mainnet, featuring its OpVM technology - a verification mechanism that integrates validity proofs and fraud proofs.
Bitlayer is a #Layer2 solution that achieves Bitcoin-equivalent security, built upon BitVM. It emphasizes a verification process to ensure security on par with #Bitcoin 's #Layer1 .
đ theblock.co/post/320093/bitcoin-layer-2-bitlayer-new-funding-valuation
