#Series A Funding: BitlayerLabs successfully raised $11 million in a funding round, highlighting investor confidence in its potential. This was a key moment for expanding the team, technology, and infrastructure.
Additional Funding: After some time, an extended Series A session was completed, adding another $9 million to the funding, strengthening the project's position.
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Breakthrough Architecture:
BitVM Layer — ensures security and support for smart contracts.
Yield Layer — issues the yield-generating asset YBTC.
Rollup Layer — provides fast and efficient transactions through Bitcoin Rollup solutions.
BitVM Bridge Infrastructure: A trusted link between Bitcoin and DeFi projects, ensuring convenient and secure asset transfers.
