The value of Bitcoin is not just 'digital gold', but it has the potential to become the core asset of global decentralized finance. #Bitlayer is accelerating the realization of this goal. @BitlayerLabs is opening new avenues for the financialization of BTC through the BitVM Bridge and Bitlayer Network.
The BitVM Bridge is a trust-minimized cross-chain solution for BTC, with high security and verifiability, and has already launched on the mainnet.
In terms of ecosystem development, @BitlayerLabs BitlayerLabs has established partnerships with L1s such as Sui, Base, Arbitrum, and Cardano, as well as top mining pools like Antpool, F2Pool, and SpiderPool, bringing cross-chain liquidity and computational power support to #Bitlayer . This resource integration lays a solid foundation for the explosive growth of BTCFi applications.
In terms of financing, #Bitlayer has secured $25 million in institutional round investments, with leading investors including well-known institutions like Polychain Capital and Franklin Templeton. Currently, the 'Booster' activity is underway in collaboration with Binance Wallet, and users entering the second phase not only have the opportunity to acquire BTR tokens but can also secure advantageous positions ahead of the Pre-TGE.