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Bitcoin L2 project Bitlayer Labs completes $11 million Series A financing

Bitcoin L2 project Bitlayer Labs announced the completion of $11 million Series A financing, led by Franklin Templeton, ABCDE and Framework Ventures, with participation from Stake Capital Group, WAGMI Ventures, Flow Traders, GSR Ventures, FalconX and others. The latest round of financing brings Bitlayer's total financing to $16 million. (Fortune)