@BitlayerLabs #Bitlayer Bitlayer Labs is a pioneering company developing a Bitcoin Layer 2 network based on BitVM, aiming to become the computation layer for Bitcoin. They've raised $14 million in funding, including a $5 million seed round led by Framework Ventures and ABCDE Capital, and a $9 million Series A extension led by Polychain Capital. Bitlayer's technology introduces ultra-scalability and Bitcoin-equivalent security, providing high throughput and low-cost transactions. The platform supports decentralized finance (DeFi) applications, enabling developers to build on Bitcoin's security foundation. With partnerships from notable firms like StarkWare, OKX Ventures, and Hacken, Bitlayer is poised to drive Bitcoin's growth in size, scalability, and security ¹ ² ³.