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Bitlayer Completes $5 Million BTR Token Sale

Source
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.

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JH Kim

JH Kim

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

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