Bitlayer has been making significant strides in the world of Bitcoin DeFi infrastructure. Here are some of the key highlights from their recent activities:
1. **Summer Launch 2025**: Bitlayer kicked off their Summer Launch 2025 on July 15, unveiling several major developments:
- **BitVM Bridge Mainnet**: This is a secure, trust-minimized bridging solution for Bitcoin DeFi, allowing YBTC tokens to be minted and used across various programmable ecosystems.
- **Bitlayer Network V2 Whitepaper**: This introduces a computational layer for Bitcoin, expanding its functional scope.
- **Bitlayer Network V3 Architecture Preview**: A glimpse into the future roadmap of Bitlayer Network, focusing on performance and scalability.
2. **Token Sale**: Bitlayer launched its BTR token sale on CoinList from July 31, 2025, to August 7, 2025. The tokens were offered at a fixed price of0.15–0.20, targeting up to4 million in funding. This sale was open to accredited investors in the United States, marking a first for a Bitcoin project.
3. **Partnerships**: Bitlayer has established strategic partnerships with leading blockchain networks and protocols, including Sui, Arbitrum, Base, Cardano, and Plume. Additionally, they have partnered with major Bitcoin mining pools like Antpool, F2Pool, and SpiderPool, which support real-time NST processing from the BitVM Bridge.
4. **Funding and Growth**: Bitlayer has raised significant funding, including a 11 million Series A round led by Franklin Templeton and ABCDE, and a9 million Series A extension led by Polychain Capital. This brings their total funding to $25 million, supporting their expansion and development efforts.
5. **Community and Ecosystem**: Bitlayer is actively engaging with the community through events like the Bitlayer Booster Campaign in collaboration with Binance Wallet, and participating in global Web3 events to share their latest updates and strategic vision.
These developments highlight Bitlayer's commitment to advancing Bitcoin DeFi and creating a secure, scalable, and programmable Bitcoin ecosystem.
