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Hey guys! We have some major news. We’ve just raised $9m in an Extended Series A round led by Polychain Capital and co-led by Franklin Templeton. The investment news comes as we get ready to launch our Bitlayer V2 upgrade, a Bitcoin-native rollup in which state transitions are protected by Bitlayer’s OpVM technique, a verification gadget that combines both validity proofs and fraud proofs. We’ve worked really hard over the last year to deliver these updates, and institutional capital is taking notice! https://www.theblock.co/post/320093/bitcoin-layer-2-bitlayer-new-funding-valuation?utm_source=twitter&utm_medium=social&modal=newsletter
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