BlockBeats news, on August 15, according to The Block, Bitcoin DeFi infrastructure project Bitlayer announced that it has recently completed $5 million in community financing through four platforms: CoinList, Echo, GoMining, and Holdstation. The specific information about this round of financing is as follows:
CoinList: Oversubscribed by 50%, raised a total of $4 million;
Echo raised a total of $420,000, having previously supported well-known projects such as Ethena, Morph, Usual, Hyperlane, Monad, and MegaETH;
GoMining: Bitlayer, as the first project launched on the Launchpad sector, attracted over 2051 participants and raised $300,000;
Holdstation: Vietnam's leading multi-chain wallet platform successfully raised $190,000.
With the completion of this round of community financing, Bitlayer's private placement and community public offering have reached a total fundraising amount of $30 million, with investors including well-known investment institutions such as Polychain Capital, Franklin Templeton, Framework, ABCDE, OKX Ventures, Alliance, and UTXO Management.