Bitlayer Completes $9 Million New Round of Financing, Led by Polychain Capital and Others

Bitcoin's second-layer network Bitlayer has completed a $9 million Series A expansion financing with a valuation of $300 million. Polychain Capital and Franklin Templeton led the investment, and SCB Limited, Selini Capital, G-20.Group and others participated in the investment. It is reported that the valuation of this round of financing is $300 million, which is the same as the Series A financing in July. As of now, the company's total financing amount has reached $25 million. (TheBlock)