Bitlayer - About the company
Bitlayer is a series A company based in Singapore (Singapore), founded in 2012. 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 1448 active competitors, including 299 funded and 30 that have exited. Its top competitors include companies like Solana, Mysten Labs and NEAR.
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/
- Social
Key Metrics
Founded Year
2012
Location
Singapore, Singapore
Stage
Series A
Total Funding
$25M in 3 rounds
Latest Funding Round
Investors
Ranked
128th among 1448 active competitors
Employee Count
23 as on Sep 30, 2026
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Bitlayer's funding and investors
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 23 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 | 2387875 | Series A | 3175034 | 6562837 | 9182912 | 2461764 |
Jul 23, 2024 | 4319600 | Series A | 4046241 | 2154515 | 7869836 | |
Mar 27, 2024 | 7048605 | Seed | 5343595 | 8415170 |
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Bitlayer's founders and board of directors
Founder? Claim ProfileBitlayer's employee count trend
Bitlayer has 23 employees as of Sep 26. Here is Bitlayer's employee count trend over the years:
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Bitlayer's Competitors and alternates
Top competitors of Bitlayer include Solana, Mysten Labs and NEAR. Here is the list of Top 10 competitors of Bitlayer, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Solana 2010, San Francisco (United States), Series C | Developer of enterprise infrastructure for issuing assets and digital payments | $374M | 80/100 | |
2nd |  Mysten Labs 2021, Palo Alto (United States), Series B | Blockchain platform offering Web3 infrastructure solutions | $336M | 77/100 | |
3rd | NEAR 2017, Zug (Switzerland), Series D | Public blockchain network platform | $542M | 76/100 | |
4th | Aptos 2021, Palo Alto (United States), Series D | Provider of protocols for building blockchain-based solutions | $350M | 74/100 | |
5th |  Ankr 2017, San Francisco (United States), Series C | Provider of blockchain infrastructure node access and decentralized network services | $16M | 73/100 | |
6th | AVA 2018, Brooklyn (United States), Series B | Blockchain platform for smart contracts and custom subnets | $368M | 71/100 | |
7th | Blockchain-based public network for decentralized applications | - | 70/100 | ||
8th | Chain 2014, San Francisco (United States), Acquired | Blockchain solutions empowering businesses to thrive in the Web3 era | $39.5M | 70/100 | |
9th |  Avalanche 2018, Tortola (United Kingdom), Funding Raised | Provider of smart contracts platform for decentralized application development | - | 69/100 | |
10th | Blockchain-based infrastructure for NFT games and applications | $277M | 69/100 | ||
128th | Bitcoin-based blockchain security layer platform | $25M | 43/100 |
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Bitlayer's Investments and acquisitions
Bitlayer has made no investments or acquisitions yet.
News related to Bitlayer
Filter this list•
Bitlayer's YBTC Integrates with Solana via Kamino Finance, Orca PartnershipsCoinDesk•Aug 19, 2025•Bitlayer, Kamino, ORCA
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Bitcoin Layer 2 Bitlayer Raises $5M in Oversubscribed Token RoundsThe Block•Aug 15, 2025•Bitlayer, CoinList, Echo Global Logistics
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Bitlayer's BitVM Bridge Mainnet Launch Enables Trust-Minimized Bitcoin DeFiCoinDesk•Jul 16, 2025•Bitlayer
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Bitlayer Partners With Major Bitcoin Mining Pools to Boost DeFi AdoptionCoinDesk•May 27, 2025•Bitlayer, Antpool
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Bitlayer Integrates BitVM Bridge With Xverse Wallet to Advance Bitcoin DeFiBitcoin•Mar 27, 2025•Bitlayer, BitVM, Xverse
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Bitlayer Advances the First BitVM Implementation Through Major Strategic PartnershipsFinSMEs•Mar 01, 2025•Bitlayer, Base CRM, Starknet, Arbitrum and 2 others
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Bitlayer Partners with Binance Wallet for BTCFI Carnival, Featuring a BTR Token Prize Pool Worth 1.2 Million USDTPR Newswire•Dec 10, 2024•Bitlayer, Binance
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Bitcoin Layer 2 Bitlayer raises $9 million Series A extension at $300 million valuationThe Block•Oct 08, 2024•Bitlayer, Polychain, Franklin Templeton Investments, Franklin Templeton India and 10 others
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