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Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE

Started by Bitcoin, Jul 24, 2024, 07:17 am

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Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE

Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDEBitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates Bitlayer’s total funding to $16 million, bringing its valuation to $300 million. Institutional Investment Advances Bitlayer's Bitcoin L2 Development Bitlayer […]

Source: Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE