Who founded Bitlayer?

Bitlayer was founded by Charlie Hu, Kevin He.

Who are Bitlayer's investors?

Bitlayer's investors include 57Blocks Capital, ABCDE Capital, AlphaLab Capital, Asymmetric, BaseTwo, Caladan, GTS Ventures, NxGen and 11 more.

How much funding has Bitlayer raised?

Bitlayer has disclosed $9M raised across 1 of its 4 known rounds.

Bitlayer

24 employees on LinkedIn · 21 known investors

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Bitlayer is a Bitcoin-focused blockchain infrastructure project offering YBTC (yield-bearing BTC), multichain support, and BTC deposit and trading functionality. It works with mining pool partners and protocols within the crypto ecosystem.

Crypto & Web3 Data & Infrastructure Fintech

Founders & leadership

Charlie HuCofounder

Kevin HeCo-Founder

Charlie Yechuan HuFounder

Investors · 21

57Blocks Capitallisted by 57Blocks CapitalPleasanton

ABCDE Capitallisted by ABCDE Capital

How we know: ABCDE Capital's portfolio page · funding news · prnewswire.com · Not right? Tell us

AlphaLab Capitallisted by AlphaLab Capital

Asymmetriclisted by AsymmetricMiami · $10K – $1Mvia Joe McCann · inferred

How we know: Asymmetric's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

BaseTwolisted by BaseTwoGeorge Town

Caladanlisted by Caladan

GTS Ventureslisted by GTS Ventures

How we know: GTS Ventures's portfolio page · Not right? Tell us

NxGenlisted by NxGen

How we know: NxGen's portfolio page · Not right? Tell us

Optic Capitallisted by Optic Capital$100K – $1M

How we know: Optic Capital's portfolio page · Not right? Tell us

Pragma Ventureslisted by Pragma VenturesSeoul

Rising Capitallisted by Rising CapitalSingaporevia Sankalp Shangari · inferred

TPC Club (The presale club)listed by TPC Club (The presale club)

TPC Ventureslisted by TPC Ventures

V3V Ventureslisted by V3V Ventures$100K – $1M

Blockchain Founders FundreportedSingapore

How we know: a partner's Signal profile · Not right? Tell us

Framework VenturesreportedSan Francisco · $250K – $40M

How we know: funding news · Not right? Tell us

Franklin TempletonreportedSan Mateo

How we know: funding news · prnewswire.com · Not right? Tell us

Polychain CapitalreportedSan Francisco · $100K – $10M

How we know: funding news · prnewswire.com · open dataset · 5k.vc investor directory · Not right? Tell us

Selini CapitalreportedNew York

How we know: prnewswire.com · Not right? Tell us

Also in the syndicate · 2

G-20 GroupSCB Limited

Funding

SEC filings, press & company announcements

$9M disclosed across 1 of 4 rounds · 2024–2025

Undisclosed amountCommunity FundingAug 2025
Source ↗
$9MSeries A extensionOct 2024 · 3 sources
Polychain Capital (lead), Franklin Templeton, G-20 Group, SCB Limited, Selini Capital
Source ↗
Undisclosed amountSeries AJul 2024
ABCDE (lead), Franklin Templeton (lead)
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 10

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CryptoRankCryptorank is a data platform that tracks and publishes information on cryptocurrency funding rounds, project valuations, and investment activity. It aggregates and verifies funding data from public sources for the crypto market.

BitgetBitget is a cryptocurrency exchange offering spot trading, futures trading, and copy trading services for users worldwide. The platform provides a secure investment solution for crypto trading with regulatory compliance across multiple jurisdictions.

TradingViewTradingView is a charting platform and social network used by over 100 million traders and investors worldwide to analyze and trade across global financial markets. The platform provides tools for technical analysis, market data, and community collaboration for retail and institutional traders.

KrakenKraken 360 Investments provides capital and launch infrastructure to blockchain protocols in pre-token and early post-token phases, offering custody, staking, treasury, and liquidity services alongside fundraising support.

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KuCoinKuCoin is a global cryptocurrency trading platform trusted by over 45 million users that provides spot trading, leverage, options, derivatives, DeFi, lending, and mining services across more than 200 countries. The platform offers access to 1,000+ coins and includes features like copy trading, Web3 wallets, and institutional services, with a focus on security through multi-layered systems and compliance certifications.

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Companies working in the same space as Bitlayer.

In the news

Bitlayer Secures $9 Million in Extended A Round, Led by Polychain Capitalprnewswire.com · Oct 2024

Bitlayer Raises $9M in Extended Series A Fundingfinsmes.com · Oct 2024

Bitlayer Raises $11M in Series A Round Led by Franklin Templeton and ABCDEprnewswire.com · Jul 2024

Frequently asked questions

What does Bitlayer do?: Bitlayer is a Bitcoin-focused blockchain infrastructure project offering YBTC (yield-bearing BTC), multichain support, and BTC deposit and trading functionality. It works with mining pool partners and protocols within the crypto ecosystem.
Who founded Bitlayer?: Bitlayer was founded by Charlie Hu, Kevin He.
Who are Bitlayer's investors?: Bitlayer's investors include 57Blocks Capital, ABCDE Capital, AlphaLab Capital, Asymmetric, BaseTwo, Caladan, GTS Ventures, NxGen and 11 more.
How much funding has Bitlayer raised?: Bitlayer has disclosed $9M raised across 1 of its 4 known rounds.