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Financial infrastructure

Investment announcement: Layerz

4 Apr 2025

Fulgur Ventures

3 min read

Fulgur Ventures backs Layerz, a Bitcoin-first non-custodial wallet unifying access to Lightning, Liquid, Spark, Ark, Citrea, Botanix, Rootstock and more — turning the fragmented Bitcoin Layer-2 landscape into a single, sovereign user experience built for the next era of on-chain Bitcoin.

The Bitcoin scaling stack is exploding. Lightning, Liquid, Spark, Ark, Citrea, Botanix, Rootstock — each protocol solves a different piece of the puzzle, but the user experience of moving between them today is brutal. Founded in 2024 by Gareth Grobler and registered in the BVI, Layerz is building the wallet layer that finally makes the multi-layer Bitcoin economy usable, with everything kept non-custodial and Bitcoin-first by design.

Layerz unifies access to the leading Bitcoin Layer-2 ecosystems behind a single seed and a single interface. Users can hold native BTC, route Lightning payments, swap on Liquid, interact with Spark and Ark, and explore EVM-compatible environments on Citrea, Botanix and Rootstock — without juggling six wallets, custody models, or mental models. The product treats every layer as a first-class citizen of Bitcoin, not a sidecar to something else.

This is exactly the thesis we keep returning to at Fulgur: Bitcoin is becoming a multi-layer settlement network, and the winners will be the teams that abstract that complexity away from end users while preserving self-custody. Layerz sits at the only chokepoint where that abstraction is honest — the wallet — and Gareth's team has shipped with a speed and product taste rare in the space.

We see Layerz as critical infrastructure for the coming wave of Bitcoin-native applications: stablecoin rails, on-chain credit, real-world assets, programmable Bitcoin. Each of those needs a sovereign wallet that speaks every layer fluently. Layerz is positioning itself to be that wallet — the front door to all of Bitcoin, owned by the user, not the platform.

We are proud to back Gareth Grobler and the Layerz team as they build the consumer surface for an increasingly modular Bitcoin. If you believe, as we do, that the next billion Bitcoin users will never want to think about which layer they are on, Layerz is the team to watch.