Bitcoin

Bitcoin Layer-2 Blockchain Bitlayer Raises $11 Million Led by ETF Issuer Franklin Templeton

Published

6 months ago

on

Bitcoin layer 2 blockchain Bitlayer Labs said it has raised $11 million in a Series A funding round at a $300 million valuation.

The investment was led by ABCDE and Franklin Templeton, one of the issuers of spot bitcoin (BTC) US exchange-traded fund The involvement of Franklin Templeton, a trillion-dollar asset manager, suggests that the world of traditional finance (TradFi) is taking notice of developments in decentralized finance (DeFi).

Turing completeness refers to a system that has all the necessary tools to perform any calculation or run any program. Thus, it suggests versatility and usefulness.

“We believe that Bitlayer’s unique approach and technology has the potential to unlock new use cases and opportunities for Bitcoin,” Kevin Farrelly, managing director of Franklin Templeton Digital Assets, said in an emailed announcement Tuesday.

Fuente

Related Topics:

Leave a Reply

Your email address will not be published. Required fields are marked *

Información básica sobre protección de datos Ver más

  • Responsable: Miguel Mamador.
  • Finalidad:  Moderar los comentarios.
  • Legitimación:  Por consentimiento del interesado.
  • Destinatarios y encargados de tratamiento:  No se ceden o comunican datos a terceros para prestar este servicio. El Titular ha contratado los servicios de alojamiento web a Banahosting que actúa como encargado de tratamiento.
  • Derechos: Acceder, rectificar y suprimir los datos.
  • Información Adicional: Puede consultar la información detallada en la Política de Privacidad.

Trending

Exit mobile version