Blockspace's Bold Move: Acquires Bitcoin Layers to Supercharge L2 Data Intelligence

Published 1 day ago3 minute read
David Isong
David Isong
Blockspace's Bold Move: Acquires Bitcoin Layers to Supercharge L2 Data Intelligence

Blockspace Media, a prominent name in Bitcoin journalism, has announced its acquisition of Bitcoin Layers, an independent data platform specializing in tracking metrics across Bitcoin's layer-2 and scaling ecosystem. This strategic move signifies Blockspace's expansion beyond traditional journalism into the realm of data and intelligence products, aiming to become a comprehensive platform for the investable landscape of Bitcoin-related assets.

The acquisition seamlessly integrates Bitcoin Layers' extensive research and on-chain analytics capabilities directly into Blockspace’s content and product suite. A key offering resulting from this integration will be a forthcoming data dashboard designed to monitor crucial metrics such as adoption rates, total value locked (TVL), and overall activity across various Bitcoin Layer 2s and other scaling platforms.

Bitcoin Layers is set to serve as Blockspace's inaugural proprietary data product, with plans to broaden its coverage to include Bitcoin-related equities, Exchange Traded Funds (ETFs), and additional market intelligence offerings within the upcoming year.

Janusz, the maintainer of Bitcoin Layers, will continue to contribute his expertise as an advisor following the acquisition. William Foxley, co-founder of Blockspace, emphasized the company's broader vision, stating, "We’re building a platform to cover the investable landscape of Bitcoin-related assets. With Bitcoin Layers joining Blockspace, we’ll be working directly with investors, token foundations, and Bitcoin startups to better understand real on-chain user metrics."

Highlighting the critical need for such data, information from Bitcoin Layers as of January 14 revealed that over 361,830 BTC, valued at more than $34.5 billion, is currently locked across various Bitcoin bridging protocols, layer-2 networks, and other scaling solutions. Despite this rapid growth, the market remains notably fragmented, with the term "L2" frequently used as a broad categorization for diverse architectures and trust models.

Janusz further elaborated on the benefits of this integration, noting, "Bitcoin Layers established itself as the premier research platform for Bitcoin layer-2s and bitcoin-backed assets across chains. By integrating with Blockspace, we can expand our data platforms to help investors and protocol developers deeply understand user trends, while continuing to educate users on the architectures behind the protocols they interact with."

Blockspace Media intends to leverage Bitcoin Layers' data to effectively differentiate the burgeoning L2 ecosystem for both retail and institutional investors. This includes clarifying distinctions between various scaling approaches such as rollups, sidechains, and federated models.

The company also anticipates rolling out additional metrics covering Bitcoin-adjacent public companies and financial products by 2026. This acquisition underscores Blockspace’s steadfast commitment to technical infrastructure and scaling research, themes frequently explored at OPNEXT, Blockspace’s technical conference, with its next event scheduled for April 16, 2026, in New York. The company is poised to build upon its existing studio and research initiatives while developing innovative, data-driven products tailored for investors and builders throughout the expansive Bitcoin ecosystem.

Loading...
Loading...
Loading...

You may also like...