Kronos Research, a leading quantitative trading and venture firm, has invested in Bitlayer, a Bitcoin Layer 2 scaling solution. This strategic investment was part of a successful $5 million seed funding round that attracted a wide array of prominent backers.
The round was notably co-led by Framework Ventures and ABCDE Capital, and included strong participation from other significant firms. The list of investors features StarkWare Industries, OKX Ventures, and Kenetic Capital, signaling broad institutional confidence in Bitlayer’s vision.
The capital from this funding is set to accelerate Bitlayer's development, enhance its scalability and efficiency, and support its expansion within the growing Bitcoin ecosystem. Bitlayer aims to become a foundational "computation layer for Bitcoin," providing a secure, scalable, and programmable environment for a new generation of financial applications and tools built on the network.