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Bitlayer

Technology / Blockchain
Founded
--
Employees
--
Total Funding
$9.0M
Funding Rounds
1
Last Funding
2024-10-08

About Bitlayer

Bitlayer is a company focused on unlocking Bitcoin's full potential through innovative technologies like BitVM, aiming to enhance Bitcoin's programmability and security for DeFi applications.

Products & Services

BitVM:A revolutionary paradigm for expressing Turing-complete Bitcoin contracts using an optimistic validation scheme.
BitVM Bridge:A gateway for Bitcoin DeFi with trust minimization achieved through existential honesty, enabling secure peg-out requests and fraud challenges.
YBTC:A programmable asset supported by BitVM Bridge for multi-chain integration, offering yield opportunities through native or integrated products.
Bitlayer Rollup:Combines BitVM-style smart contracts with zero-knowledge proofs to achieve finality on Bitcoin, enhancing security for DeFi.
Realtime EVM (RtEVM):Delivers near real-time EVM performance with a parallel execution engine and blockchain-optimized database for scalability.

Specialties

Bitcoin DeFi BitVM Trust-Minimized Bridges Programmable Assets Zero-Knowledge Proofs EVM Performance

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Extended Series A
T: -
FT: Extended Series A 		A: 9000000
MR: -
FA: 9 million
FAN: 9000000 		D: 2024-10-08
FD: 2024-10-08 		5 investors
Extended Series A Latest
2024-10-08
$9.0M
5 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

No team data available

Team information is not yet available for this company

Recent News

Bitlayer Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Technology / Blockchain

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Technology Stack

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