@BitlayerLabs This operation is really impressive! In 2024, they directly secured $25 million in financing, with big names like Franklin Templeton and Polychain Capital coming to support, giving the BTCFi ecosystem a 'booster shot'. This money includes $11 million in Series A and $9 million in extension round. By August 2025, things get even more exciting, with a $5 million public offering of BTR on CoinList, attracting 6,300 investors to participate. It seems the market truly loves this cross-chain solution that emphasizes 'less trickery and more trust'.

Of course, with the funds secured, it's time to make some moves! Optimizing BitVM2 and Rollup, bringing cross-chain efficiency down to within 30 minutes; also expanding with Sui, Base, and Arbitrum, allowing YBTC to thrive in lending and NFT trading scenarios. The 'Booster' event they organized has also gone viral, distributing 5.15 million BTR tokens and directly attracting 100,000 users, with TVL skyrocketing from $50 million to $200 million, this growth is like riding a rocket.

Speaking of Bitlayer's decentralized design, it's definitely more sophisticated than Citrea and BOB, currently accounting for 20% of BTCFi's trading volume. Even Franklin Templeton is joining the fun, indicating that traditional finance is starting to take notice of BTCFi, and we can expect more institutions to show up with their wallets.

Next, Bitlayer plans to release Rollup V2 and OP-DLC bridges, allowing complex DeFi scenarios to be manageable, while also addressing regulatory challenges with AML compliance. Given this momentum, BTR public offering trading volume has increased by 50%, and community engagement is also on the rise. In the future, they plan to collaborate with Polygon and Avalanche, with a clear goal: to transform BTC from a 'static asset that sits idle' into a 'dynamic financial tool that generates profit', aiming to be the leader in the BTCFi arena! #Bitlayer