Prague, July 24, 2025 – Today, GoMining named Bitlayer as the inaugural project on the BTCFi-focused GoMining Launchpad, aligning the fastest-growing Bitcoin Layer-2 with GoMining’s community of more than three million miners, gamers, and token holders. The collaboration gives GoMining Launchpad participants first access to Bitlayer’s upcoming token sale while giving Bitlayer the reach of GoMining’s active user base and real-world hashrate infrastructure.
Bitlayer arrived on the platform only a few days after it switched to the BitVM Bridge mainnet – a single-signer, trust-minimized bridge that converts native BTC into Peg-BTC (YBTC) for use across smart-contract networks. The bridge follows Bitlayer Network V1, live since May 2024, and precedes the V2 rollout later this quarter. With a peak of $850 million in total value locked in December 2024, Bitlayer now holds roughly $390 million, ranking among the three largest Bitcoin DeFi chains. Earlier this year, Binance Square placed the network second only to Core Chain after Bitlayer’s TVL peaked above $400 million. That growth helped Bitlayer raise $25 million across seed and Series A rounds led by Franklin Templeton, Polychain Capital, and Framework Ventures, solidifying a $300 million valuation.
Momentum is also visible on the partnership front: the new bridge is already integrated, or slated for integration, with Sui, Base, and Arbitrum, widening the path for Bitcoin liquidity to move into EVM environments and beyond. A May milestone with Sui produced YBTC, a Bitcoin-backed asset that keeps a 1:1 peg while tapping Sui’s high-throughput architecture for yield-bearing DeFi. Bitlayer says additional collaborations with Starknet, Sonic, and Plume are underway to support a broader BitVM stack.
The listing strengthens GoMining’s own expansion streak. In April, GoMining Institutional, the company’s professional investor-focused arm launched a $100 million institutional mining fund that compounds block rewards for accredited investors, offering exposure distinct from listed mining equities. In June, former Kraken US chief executive Tal Cohen joined the advisory board, adding to a roster drawn from Binance, Coinbase, and Magic Eden. July saw the debut of a learn-to-earn Crypto Academy after an internal survey showed only 34 percent of respondents feel “very confident” navigating Bitcoin. Meanwhile, GoMining’s game “Miner Wars” has surpassed 323,000 unique players and distributed more than 265 BTC in prizes, proving the company’s ability to translate hashrate into engagement.
“Our Launchpad was built to spotlight category-defining teams, and Bitlayer checks every box: production code, institutional backing, and a solution to Bitcoin’s liquidity gridlock,” says Mark Zalan, CEO of GoMining. “By bringing Bitlayer’s BitVM Bridge to our community, we are not just creating early-stage access for token holders – we are accelerating the maturation of the entire Bitcoin DeFi stack.”
Charlie Hu, Bitlayer co-founder: “GoMining’s hashpower-anchored ecosystem is the perfect springboard for Bitlayer. Together, we can channel native BTC into lending, trading, and market-making while preserving the security ideals that made Bitcoin dominant in the first place. Launchpad participation will help us distribute YBTC to users who already understand on-chain yield.”
The Bitlayer sale details, including tier-based allocations for veGOMINING stakers and Digital Miner owners, will be announced on the Launchpad portal in the coming days, with an ask-me-anything session featuring both teams scheduled before registration opens. Tokens will be delivered to wallets at the network’s Token Generation Event, subject to standard vesting and refund terms set by GoMining.
About GoMining
GoMining is a Bitcoin-centered ecosystem anchored by 9 million+ TH/s of computing power across data centers in the U.S., Africa, and Central Asia. The platform empowers more than 3.5 million users worldwide. GoMining is designed to make Bitcoin and mining more accessible to users and entities of any level, from retail to startups and institutions.
This ecosystem includes upgradeable digital NFT miners and the Miner Wars GameFi for retail users, a launchpad for BTCFi focused startups, GoMining Institutional with the $100 million Alpha Blocks Fund for institutional investors, and GoMining Academy, a comprehensive educational platform designed to equip users with practical knowledge.
Website | X | Discord | Telegram
About Bitlayer
Bitlayer is pioneering the first BitVM implementation. By merging unparalleled security with a lightning-fast smart contract engine, Bitlayer unlocks the full potential of Bitcoin DeFi. Built on Bitcoin’s native security architecture, Bitlayer is constructing a trust-minimized BitVM Bridge, a yield-bearing asset YBTC and a high-throughput Bitcoin Rollup – bringing true utility, speed, and composability to Bitcoin, and establishing a complete DeFi infrastructure for the Bitcoin ecosystem.
Website | X | Discord | Telegram
Disclaimer: The information presented in this article is part of a sponsored/press release/paid content, intended solely for promotional purposes. Readers are advised to exercise caution and conduct their own research before taking any action related to the content on this page or the company. Coin Edition is not responsible for any losses or damages incurred as a result of or in connection with the utilization of content, products, or services mentioned.
Source: https://coinedition.com/gomining-launchpad-takes-its-first-flight-with-bitlayer-the-leading-bitcoin-defi-infrastructure/
