Bitlayer Completes $5 Million BTR Token Sale

JH Kim

Summary

The Bitcoin (BTC) Layer 2 project Bitlayer reportedly raised $5 million through the BTR token sale.
It was announced that the funds will be used for operations, team expansion, and ecosystem development.
Investors are advised to pay attention to Bitlayer's plans for utilizing the secured funds.

On the 14th (local time), according to the cryptocurrency-focused media outlet The Block, the Bitcoin (BTC) Layer 2 project Bitlayer raised a total of $5 million through the BTR token sale conducted on crowdfunding platforms such as CoinList and Echo.

The secured funds are expected to be used for operations, team expansion, and ecosystem development.

BTC

BTR

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

Bitlayer Completes $5 Million BTR Token Sale

PiCK News

Michael Burry: “Bitcoin is ultimately nothing more than a speculative asset”…store-of-value debate reignited

Did it crash because of Trump?…The 'real reason' Bitcoin collapsed [Hankyung Koala]

Outline Emerges for Guidelines on Corporate Crypto Asset Investment…Possible Exclusion of Financial Firms Raised

Bitcoin tests $73,000 level…gives back all gains since Trump’s election win

"Will AI take our jobs?" Fear spreads…market rattled by a plunge in shares [New York Market Briefing]

Trending News