Interlay Network logo — Interlay is a network that unlocks decentralized (financial)...

Interlay Network

Interlay is a network that unlocks decentralized (financial) use cases for BTC

Founded 2019 United Kingdom London, United Kingdom 1 employees Venture round Total: $9.54M Blockchain, Crypto +2

General Information

Company Name Interlay Network
Founded Year 2019
Location United Kingdom London, United Kingdom
Employees 1
Industries Blockchain, Crypto, Fintech +1
Funding Stage Venture round
Business Model Platform, Open Source, B2C
Revenue Model Transaction Fee, Usage Based, Marketplace Fee
Social

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About Interlay Network

Interlay Network, founded in 2019 and headquartered in the United Kingdom, is pioneering efforts in the Blockchain, Crypto, Fintech, and Information Technology sectors. The company envisions a seamlessly interconnected future for blockchains, enabling digital asset utilization across any blockchain without trust or limitations. This vision is encapsulated in its flagship product, interBTC, a fully collateralized and interoperable asset that brings Bitcoin into the decentralized finance space.

With its last significant investment round of $6.50M completed on 21 December 2021, Interlay Network garnered backing from prominent investors such as DFG Group, Hypersphere Ventures, IOSG, KR1, Nexo Ventures, Signum Capital, and D1 Ventures. The company's innovative approach to expanding interoperability through strategic partnerships with Bitcoin, Ethereum, Polkadot, and Cosmos positions it as a compelling prospect for ventures interested in the crossroads of blockchain and financial technology.

Business keywords: Decentralized Finance (DeFi), Interoperability, Bitcoin Integration, Blockchain Connectivity, Digital Asset Management, Collateralized Assets, Cryptographic Proofs, Decentralized Insurance, Payment Solutions, Capital Efficiency, Censorship Resistance, Cross-Blockchain Solutions, Ethereum Compatibility, Polkadot Integration, Cosmos Interaction

Services & Products

Bitcoin lending and borrowing
BTC collateralized trading
Cross-chain BTC utilization
Decentralized vault operations
Secure asset exchanges
Governance token implementation (INTR)

Target Customers

Bitcoin holders DeFi enthusiasts Crypto investors Node operators Developers in blockchain space Decentralized app users

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $6.50M 7
DFG Group, Hypersphere Ventures +5
21 Dec 2021
Seed Round $3.04M 3
Hypersphere Ventures, LAUNCHub Ventures +1
05 Jul 2021
Grant Undisclosed 1
Web3 Foundation
21 Aug 2020
Grant Undisclosed 1
Web3 Foundation
05 Mar 2020

Interlay Network Alternatives & Competitors

View All Alternatives
Interlay Network vs
Amara Finance
Amara Finance United Kingdom

The New future of cross-chain financial collaboration

8 employees
Blockchain, Crypto
Interlay Network vs
StakeHound
StakeHound Switzerland

Bringing DeFi and Staking Together

Seed
2 employees
Blockchain, Crypto
Interlay Network vs
Coinbase
Coinbase United States

We're building an open financial system for the world.

IPO
7411 employees
Blockchain, Crypto

FAQ About Interlay Network

Interlay is a network that unlocks decentralized (financial) use cases for BTC
Interlay Network was founded in 2019.
Interlay Network is headquartered in London, United Kingdom.
Interlay Network operates in Blockchain, Crypto, Fintech and Information Technology. Its work centres on Decentralized Finance (DeFi), Interoperability, Bitcoin Integration and Blockchain Connectivity. Its customers include Bitcoin holders, DeFi enthusiasts and Crypto investors.
Interlay Network has a Platform, Open Source and B2C business model. Its revenue comes from Transaction Fee, Usage Based and Marketplace Fee.
Interlay Network has approximately 1 employees.
Interlay Network has completed 4 funding rounds, raising a total of $9.54M. The latest funding stage is Venture round.
Interlay Network offers: Bitcoin lending and borrowing, BTC collateralized trading, Cross-chain BTC utilization, Decentralized vault operations, Secure asset exchanges, Governance token implementation (INTR).
Top alternatives and competitors to Interlay Network include Amara Finance, StakeHound, Coinbase, Ethena Labs, Eidoo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Interlay Network and Amara Finance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Interlay Network, https://bouncewatch.com/company/distributed-crafts, updated 3 April 2026. When citing, please name BounceWatch and link this page.

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