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Bitcoin News | 4 months ago (raw) | export | reply | flag +3 
 Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton. Bitlayer's layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain.
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sella maurtan | 3 months ago (raw) | root | parent | reply | flag 
 Bitlayer Labs, a Bitcoin layer-2 chain, has successfully raised $11 million in a Series A funding round. The investment was led by Franklin Templeton, a trillion-dollar asset manager and one of the issuers of a spot Bitcoin exchange-traded fund (ETF) in the U.S. This funding round values Bitlayer at $300 million and brings its total funding to $16 million