Franklin Templeton has taken the lead in an $11 million Series A funding round for Bitlayer, with the goal of expanding the Bitcoin network. The investment is aimed at scaling up the network and increasing its efficiency. This move is part of Franklin Templeton’s strategy to support the growth of digital assets and blockchain technology. The funding will help Bitlayer to develop its infrastructure and improve its services for users. The investment from Franklin Templeton highlights the increasing interest and confidence in the potential of Bitcoin and other cryptocurrencies.