The Layer-1 blockchain Sui has announced that in the coming months it will implement support for sBTC, a token fully backed by Bitcoin and built on the Layer-2 Stacks network. This will expand Sui's presence in the BTCfi segment, decentralized finance built around Bitcoin.
According to the press release, with the integration, users will be able to connect their BTC to DeFi tools based on Sui. And all of this without the involvement of centralized custodians. The entire process remains completely on-chain.
Additionally, the team confirmed that the Sui Foundation will become a validator in the Stacks network. This means not just technical compatibility, but direct participation in the Layer-2 infrastructure for Bitcoin.