When was Bitlayer founded?

Bitlayer was founded in 2012 and raised its 1st funding round 12 years after it was founded.

Where is Bitlayer located?

Bitlayer is headquartered in Singapore, Singapore.

How many employees does Bitlayer have?

As of Mar 31, 2026, the latest employee count at Bitlayer is 25.

Is Bitlayer a funded company?

Bitlayer is a funded company, having raised a total of $25M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 27, 2024.

When was the latest funding round of Bitlayer?

Bitlayer's latest funding was a $***** Series A round on Oct 08, 2024, with participation from 5 investors. Its primary sector is Non Fungible Tokens. In Singapore, the Non Fungible Tokens sector has seen $13M in funding in 2026 to date.

Where does Bitlayer rank among its competitors?

Bitlayer ranks 29th amongst 1321 active competitors, of which 291 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Bitlayer, which secured $9M in Oct, 2024.

Who are the top competitors of Bitlayer?

Bitlayer's top competitors include Mysten Labs, Aptos and Solana. Among them, Bitlayer secured the most recent funding round in October, 2024.

Bitlayer - 2026 Company Profile, Team, Funding & Competitors

Bitlayer is a series A company based in Singapore (Singapore), founded in 2012 by Kevin He. It operates as a Bitcoin-based blockchain security layer platform. Bitlayer has raised $25M in funding from investors like Franklin Templeton Investments, ABCDE and Framework Ventures. The company has 1321 active competitors, including 291 funded and 28 that have exited. Its top competitors include companies like Mysten Labs, Aptos and Solana.

Company Details

Bitcoin-based blockchain security layer platform. It offers solutions for layer one verification, trustless multisig models, and more. It utilizes the DLC and BitVM protocol for the bidirectional flow of assets and introduces VMs like EVM, SolanaVM, and MoveVM to support various state transition expressions.

Website: www.bitlayer.org/
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Key Metrics

Founded Year

2012

Location

Singapore, Singapore

Stage

Series A

Total Funding

$25M in 3 rounds

Latest Funding Round

Series A, Oct 08, 2024, $*****

Investors

Franklin Templeton Investments & 27 more

Ranked

29^th among 1321 active competitors

Employee Count

25 as on Mar 31, 2026

Similar Companies

Aptos & 1475 more

View Bitlayer's full profile

Bitlayer has raised a total funding of $25M over 3 rounds. Its first funding round was on Mar 27, 2024. Its latest funding round was a Series A round on Oct 08, 2024 for $*****. 5 investors participated in its latest round. Bitlayer has 22 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Bitlayer:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 08, 2024	1133744	Series A	7944509	1876810	7778352	2383675
Jul 23, 2024	6604239	Series A	1698999	6647321	1597464	Stake Capital & 4 more
Mar 27, 2024	1267414	Seed	5457690	7666038	Framework Ventures & 1 more	StarkWare & 14 more

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View details of Bitlayer's funding rounds and investors

The founders of Bitlayer is Kevin He.

Here are the details of Bitlayer's key team members:

Kevin He: Co-Founder of Bitlayer.

View details of Bitlayer's Founder profiles and Board Members

Bitlayer's employee count trend

Bitlayer has 25 employees as of Mar 26. Here is Bitlayer's employee count trend over the years:

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Top competitors of Bitlayer include Mysten Labs, Aptos and Solana. Here is the list of Top 10 competitors of Bitlayer, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mysten Labs 2021, Palo Alto (United States), Series B	Blockchain platform offering Web3 infrastructure solutions	$336M	Andreessen Horowitz, FTX & 42 others	82/100
2nd	Aptos 2021, Palo Alto (United States), Series D	Provider of protocols for building blockchain-based solutions	$350M	Andreessen Horowitz, Jump Crypto & 31 others	80/100
3rd	Solana 2010, San Francisco (United States), Series C	Blockchain-based infrastructure for transactions and counting	$374M	Andreessen Horowitz, Polychain & 93 others	79/100
4th	NEAR 2017, Zug (Switzerland), Series D	Public blockchain network platform	$542M	Andreessen Horowitz, Tiger Global Management ... & 88 others	78/100
5th	AVA 2018, Brooklyn (United States), Series B	Blockchain platform for smart contracts and custom subnets	$368M	Andreessen Horowitz, Metastable Materials ... & 22 others	75/100
6th	Immutable 2018, Sydney (Australia), Series C	Blockchain-based infrastructure for NFT games and applications	$277M	Naspers, Temasek & 57 others	72/100
7th	Ethereum 2013, Toronto (Canada), Series B	Blockchain-based public network for decentralized applications	-	DJ Yakisoba Capital Partners, KR1 & 108 others	71/100
8th	DFINITY 2014, Palo Alto (United States), Series C	Blockchain-based public network for building decentralized applications	$164M	Andreessen Horowitz, Polychain & 59 others	69/100
9th	Avalanche 2018, Tortola (United Kingdom), Funding Raised	Provider of smart contracts platform for decentralized application development	-	IPC, K300 Ventures & 39 others	68/100
10th	Concordium 2018, Cham (Switzerland), Series B	Provider of Layer 1 blockchain platform	$15M	ARK36, TTC & 15 others	67/100
29th	Bitlayer 2012, Singapore (Singapore), Series A	Bitcoin-based blockchain security layer platform	$25M	Franklin Templeton Investments, Polychain ... & 26 others	60/100