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Blockspace Acquires Bitcoin Layers to Expand Bitcoin L2 Data Intelligence

Bitcoin Magazine
Blockspace Media acquired Bitcoin Layers to integrate its L2 data analytics into Blockspace's expanding suite of data and intelligence products.

Summary

Blockspace Media has acquired Bitcoin Layers, an independent data platform specializing in metrics across Bitcoin's layer-2 and scaling ecosystem, as part of its expansion from journalism into data and intelligence products. The acquisition integrates Bitcoin Layers' research and on-chain analytics into Blockspace's offerings, including a forthcoming data dashboard to track adoption, Total Value Locked (TVL), and activity across Bitcoin L2s and scaling platforms. Bitcoin Layers will become Blockspace's first proprietary data product, with future plans to cover bitcoin-related equities and ETFs. Blockspace co-founder William Foxley stated the goal is to build a platform covering the investable landscape of Bitcoin-related assets, using the integrated data to better understand real on-chain user metrics for investors and startups. The move aims to help differentiate the growing L2 ecosystem, which remains fragmented, by tracking distinctions between various scaling architectures like rollups and sidechains.

(Source:Bitcoin Magazine)