In the crypto space, there are not many projects that can make both traditional financial giants and top crypto venture capitalists open their wallets, and @BitlayerLabs is one of them.
It not only secured $25 million in institutional financing, but the lead investors are all well-known names in the industry: Polychain Capital, Franklin Templeton, Framework Ventures. This round of financing is not just a simple investment; it resembles a collective bet on the future of Bitcoin DeFi.
It's important to note that these investors have their own backgrounds. What they are interested in is likely the technical strength of Bitlayer, as it is one of the first projects to launch on the BitVM mainnet. It enables BTC to run DeFi without compromising the security of Bitcoin, and this breakthrough itself has a lot of potential.
This money was well spent. @BitlayerLabs used it to accelerate the iteration of BitVM Bridge, moving from testnet to mainnet, and established connections with mainstream chains like Base and Solana; at the same time, it invested in the ecosystem, attracting over 200 DApps to settle, with a peak TVL of $850 million.
Looking at it now, whether traditional institutions want to establish a presence in the Bitcoin ecosystem or crypto capital wants to bet on Layer 2 innovation, Bitlayer has become an unavoidable choice. Behind this is not just the $25 million in funding, but also a belief in the industry: Bitcoin is not just "digital gold"; it can also become a core DeFi asset that generates yield and remains liquid, thanks to projects like Bitlayer.
