In the context of the Bitcoin ecosystem continuing to heat up, the BTC Layer 2 project Bitlayer has become a dual focus for capital and community. Over the past year, it has completed three rounds of institutional financing, totaling up to $25 million, maintaining a stable valuation of $300 million, and opening the door for users to participate directly in the public offering in 2025.
📌 Financing Full Record (Real Data)
2024.03 Seed Round: Raised $5M, investors include Framework Ventures, ABCDE, OKX Ventures, etc.
2024.07 Series A: Raised $11M, valuation $300M, leading investors Franklin Templeton, ABCDE, with participation from Flow Traders, GSR Ventures, BRC-20 founder DOMO, etc.
2024.10 Series A+: Raised $9M, valuation still at $300M, co-led by Polychain Capital and Franklin Templeton.
🎯 2025 Public Offering Highlights
Platform: CoinList
Price: $0.15 (Lock-up) / $0.20 (100% Unlock at TGE)
Sale Scale: 20,000,000 BTR (approximately 2% of total supply)
Target Fundraising: Approximately $4M
Public Offering Time: July 31, 2025 – August 7, 2025
💡 Why is it worth paying attention to?
Institutional Endorsement: Traditional financial giants + top crypto VCs all participating.
Stable Valuation: Valuation maintained at $300 million across three rounds of financing, with high market recognition.
User Participation Window: CoinList public offering provides a low-threshold opportunity to enter, with clear and transparent pricing.
Starting from an early $5 million, and establishing a strong foothold at a $300 million valuation, Bitlayer has completed the path from technical implementation to capital verification in less than two years. Next, whether it can run out the second 'Arbitrum' story in the BTC ecosystem will depend on the rhythm of the mainnet and ecosystem implementation.