Wu said that the Bitcoin Layer 2 project Bitlayer announced the completion of three rounds of oversubscribed token sales through platforms such as CoinList, Echo, GoMining, and Holdstation, raising a total of 5 million USD, of which the CoinList sale was subscribed by over 6,300 certified investors, raising more than 4 million USD. Previously, Bitlayer had completed a 5 million USD seed round and a 20 million USD Series A financing, bringing the total funding amount close to 30 million USD.