Bitlayer Bitcoin Layer 2 Solution
Sector: Bridge
Source: PANews
Bitlayer is a Bitcoin Layer 2 solution co-founded by Charlie Hu, launched in Q1 2024. It provides a decentralized cross-chain bridge and Rollup architecture based on BitVM technology, enabling secure and efficient smart contracts and cross-chain asset transfers without requiring Bitcoin mainnet upgrades. The project aims to become institutional-grade Bitcoin financial infrastructure, expanding its
- Status
- Under Construction
- Sector
- Bridge
- Updated
- 22 Jul 2026
- Source
- PANews
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Project Information
Participants
| Not available for this record. |
Status
Original status | operational with ongoing development |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Bitlayer is a Bitcoin Layer 2 solution co-founded by Charlie Hu, launched in Q1 2024. It provides a decentralized cross-chain bridge and Rollup architecture based on BitVM technology, enabling secure and efficient smart contracts and cross-chain asset transfers without requiring Bitcoin mainnet upgrades. The project aims to become institutional-grade Bitcoin financial infrastructure, expanding its ecosystem with over 200 deployed projects and strategic partnerships with major mining pools. It has raised $25 million from investors to support technological development and ecosystem expansion. The governance token BTR was launched with a TGE on August 27, 2025. |
Original sector | Blockchain Infrastructure |
Budget |
Location
| Not available for this record. |
Source
Source | PANews |
URL |
More Details
Record type | Project |
Sector | Bridge |
Article published date | 2025-09-16 |
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