TechFlow reports that Bitcoin Layer 2 infrastructure project Bitlayer has announced the completion of a $5 million seed funding round co-led by Framework Ventures and ABCDE Capital.
The round also saw participation from dozens of institutions including StarkWare, OKX Ventures, Alliance DAO, UTXO Management, Asymmetric Capital, Kenetic Capital, Pivot Global, Web3Port, Mindfulness Capital, C6E Capital, PAKA, Comma3 Capital, and Kronos Ventures, along with Web3 founders and angel investors such as Bitcoin OG & KOL Dan Held, Messari CEO Ryan Selkis, and Messari co-founder Dan McArdle.
Bitlayer plans to launch its mainnet on April 5 and will introduce an ecosystem incentive program called Ready Player One.
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