Bitlayer

What is Bitlayer (BTR)?

Bitlayer is pioneering Bitcoin’s leap into programmable finance with the first real BitVM implementation. By combining Bitcoin’s unmatched security with a lightning-fast smart contract engine, Bitlayer makes Bitcoin DeFi both possible and practical.
At the foundation is the BitVM Bridge, a next-generation BTC bridge designed for maximum security and seamless interoperability—bringing Bitcoin safely into DeFi. On top of that, the Bitlayer Network operates as a Bitcoin Rollup powered by the BitVM stack and real-time EVM execution, enabling low-cost, scalable, and lightning-fast DeFi applications anchored in Bitcoin’s trust layer.
Bitlayer isn’t building in isolation—it’s committed to growing an open, collaborative Bitcoin DeFi ecosystem. By advancing the BTC Bridge, Bitcoin Layer 2 infrastructure, and the broader BitVM stack, Bitlayer is positioning itself as the core engine driving secure, scalable, and programmable Bitcoin finance forward.
The project has already attracted significant backing. It raised $5M in its Seed Round led by Framework Ventures and ABCDE Capital, with support from StarkWare, OKX Ventures, Alliance, Asymmetric Capital, UXTO Management, Kenetic Capital, and angels like Messari’s Ryan Selkis and Dan McArdle. Its $20M Series A, led by Polychain and Franklin Templeton with participation from GSR, Flow Traders, FalconX, and others, underscores deep institutional conviction in Bitlayer’s role as the next big step in Bitcoin’s evolution.