Bitlayer announced that its trust-minimized BTC cross-chain bridge based on BitVM technology has gone live on the mainnet, becoming one of the first implemented BitVM solutions.
The project also launched a high-performance Bitcoin Rollup and yield-bearing asset YBTC, aiming to provide composable and scalable DeFi infrastructure for the Bitcoin ecosystem.
It is reported that Bitlayer has established partnerships with public chains such as Sui, Base, Arbitrum, and Cardano, as well as leading mining pools like Antpool, F2Pool, and SpiderPool.
In addition, the company recently completed a $25 million financing round led by Polychain Capital, Franklin Templeton, and others.
Currently, it is hosting a "Booster" event with Binance Wallet, where participants have the chance to receive BTR tokens.
