$#Bitlayer Bitcoin Layer 2 Bitlayer raises additional $5 million in oversubscribed public token rounds on decentralized crowdfunding platforms @BitlayerLabs

Quick Take

• Bitcoin infrastructure startup Bitlayer has raised $5 million through three oversubscribed token rounds, the team announced on Wednesday.

• According to a statement, Bitlayer raised the capital from thousands of investors across crowdfunding platforms.

 infrastructure startup Bitlayer has raised $5 million through three oversubscribed token rounds, the team announced on Wednesday. According to a statement, Bitlayer raised the capital from thousands of investors across crowdfunding platforms like CoinList and Echo.

“Overwhelming demand caused a complete sell-out within the limited window on CoinList, drawing in over 6,300 verified investors and exceeding subscription targets by 50%,” the team wrote in its statement. 

Notably, the CoinList sale of native BTR tokens secured over #Bitlayer $BTC