Bitlayer
The First Bitcoin Layer 2
Singapore, Singapore · Founded 2023 · $20.0M raised
- Headquarters
- Singapore
- Employees
- 51–200
- Founded
- 2023
- Business Model
- B2B
- Website
- bitlayer.org
- Total Funding
- $20.0M
- Last Round
- $9.0M Extension RoundOct 2024
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Bitlayer is the first Bitcoin Layer 2 built on the BitVM paradigm, merging Bitcoin's native security with a high-performance, Turing-complete smart contract engine. Based in Singapore, the protocol builds Bitcoin DeFi infrastructure, including a trust-minimized BitVM Bridge that unlocks BTC liquidity for decentralized applications, and positions itself as the computation layer for the broader Bitcoin ecosystem. Bitlayer is a member of the BitVM Alliance and maintains an active open-source developer ecosystem on GitHub.
Summary
Bitlayer is a Crypto & Web3 company based in Singapore, Singapore, founded in 2023. It has raised $20.0M in total across 2 rounds, most recently a $9.0M Extension Round in Oct 2024. Investors include Polychain Capital and Franklin Templeton.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Oct 2024
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Funding: Series A through Extension Round. Amounts, valuations, and investors where available.
Investors
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