In the BTCFi track, security and scalability have always been the biggest challenges. #Bitlaye r is changing the financial ecosystem of Bitcoin with a brand new technology combination. @BitlayerLabs launched the BitVM Bridge and Bitlayer Network, which are the core engines of this transformation.

BitVM Bridge is a next-generation trust-minimized BTC cross-chain solution that uses a challenge verification mechanism, ensuring that Bitcoin can bridge to the DeFi world safely and transparently, and it has already achieved mainnet deployment ahead of others. Bitlayer Network is a high-performance Bitcoin Rollup, EVM compatible, and low-latency, providing BTC with real-time, scalable application capabilities. #Bitlayer truly gives BTC programmability, not just a store of value.

The ecological partnerships of @BitlayerLabs are equally impressive: top-tier L1 public chains such as Sui, Base, Arbitrum, Cardano, and large mining pools like Antpool, F2Pool, SpiderPool all provide liquidity, computing power, and cross-chain capabilities for #Bitlayer. This multi-party collaboration clears the obstacles for the scalable implementation of BTCFi.

On the capital side, #Bitlayer completed a $25 million institutional financing round led by top VCs like Polychain Capital and Franklin Templeton, which strongly endorses its technological route. At the same time, @BitlayerLabs BitlayerLabs is entering the second phase of the "Booster" event co-hosted with Binance Wallet, where participants have the opportunity to earn BTR tokens and get a first-hand experience of the new BTCFi ecosystem.