#Bitlayerlabs @BitlayerLabs Bitlayer is a next-generation Layer-2 scaling solution for Bitcoin, built using the BitVM (Bitcoin Virtual Machine) paradigm. It’s designed to unlock powerful capabilities—including Turing-complete smart contracts, high-speed transactions, and trust-minimized asset bridging—while fully preserving Bitcoin’s top-tier security and decentralization.  

Founded in 2023, headquartered in Singapore. 

• Built on AWS, enabling rapid scalability and operational efficiency:

• Over 150,000 daily transactions

• $550 million+ in total value locked (TVL)

• Supports 300+ projects

• Serving 700,000+ users

• Achieved 20% reduction in compute costs using reserved instances 

• Raised notable funding—valued at ~$300 M and backed by leading investors.  

• Recently expanded through new partnerships:

• Kamino Finance and Orca on Solana, enabling YBTC liquidity and yield generation within Solana’s ecosy Scalability

Higher throughput and lower costs for Bitcoin

Smart Contracts

Enables dApps, DeFi, NFTs, gaming, and more

EVM Compatibility

Smooth migration from Ethereum

Cross-Chain Liquidity

Access to other ecosystems via trustless bridging

Bitcoin Security

Inherits Bitcoin’s decentralized fi