Bitlayer Secures $9 Million In Series A Extension Funding

According to Odaily, Bitcoin's Layer 2 network, Bitlayer, has successfully raised $9 million in a Series A extension funding round. The round was led by Polychain Capital and Franklin Templeton, with participation from SCB Limited, Selini Capital, and G-20.Group. The valuation for this round remains at $300 million, consistent with the valuation from the initial Series A funding in July. To date, Bitlayer has accumulated a total of $25 million in funding.