#Bitlayer Franklin Templeton Digital Assets (Kevin Farrelly, Managing Principal): Participating in both the $11M Series A round in July 2024 and the $9M extension, Farrelly stated, “We believe that Bitlayer’s unique approach and technology has the potential to unlock new use cases and opportunities for Bitcoin, and we look forward to exploring collaboration opportunities with our Bitcoin-focused financial products.” This marks Franklin Templeton’s first infrastructure investment in a Bitcoin project, underscoring Bitlayer’s appeal to traditional finance.@BitlayerLabs
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