🚀 Bitlayer has just raised an additional $9M in funding from investors including Franklin Templeton Digital Assets and Polychain Capital. 💰

đŸ”č Bitlayer develops OpVM technology, which combines fraud proofs and validity proofs, enhancing the security and functionality of the Bitcoin network. đŸ”č Bitlayer's mainnet launched in April 2024, generating nearly $900M in fees in September, with a total locked value of $380.7M. đŸ”č The Series A round brings the startup's total funding to $25M.

Franklin Templeton is exploring ways to generate profits from Bitcoin for its customers. They are partnering with Bitlayer to develop staking and the Bitcoin ecosystem.

👉 What do you think of this development? Comment below!#Bitcoin#Blockchain #CryptoNews