#BITLAYER SECURES $50M TO ACCELERATE BITCOIN DEFI EXPANSION 🚀
@BitlayerLabs has closed a massive $50M Series A funding round, led by Franklin Templeton Digital Assets and ABCDE Capital, pushing its valuation to $300M. This marks Franklin Templeton’s first-ever Bitcoin infrastructure investment and boosts Bitlayer’s total funding to $80M.
The capital will fast-track the launch of Bitlayer V2, a Bitcoin-native rollup powered by the OpVM technique, combining fraud proofs (BitVM) and validity proofs (OP_CAT) for unmatched security and scalability. The platform’s BitVM Bridge Mainnet Beta is already live, enabling trust-minimized cross-chain Bitcoin liquidity with integrations across Sui, Arbitrum, Starknet, and more.
Bitlayer has also partnered with major Bitcoin mining pools — Antpool, F2Pool, and SpiderPool — controlling over 36% of Bitcoin’s hashrate, alongside strategic alliances with leading wallets including Binance Wallet, OKX Wallet, Trust Wallet, and Bybit Wallet. With nearly 300 projects already built on its Layer 2, Bitlayer is positioning to dominate the BTCFi space, offering high-yield products, real-world asset integration, and a secure, scalable environment for developers and users alike.
This funding is more than just capital — it’s a vote of confidence in Bitcoin’s evolution from a store of value into a fully programmable financial ecosystem.
l