🚀 Bitlayer Connects Bitcoin to DeFi with the BitVM Bridge
#Bitlayer 🟧 @BitlayerLabs
Bitlayer has launched the BitVM Bridge, creating a bridge between Bitcoin and networks like Sui, Arbitrum, and Cardano. This integration promises to transform BTC from a simple store of value to an active asset in the DeFi ecosystem.
⸻
🔑 Key Points
• 🔗 Real Cross-Chain: BTC circulating between various blockchains.
• 🏦 Institutional Support: Franklin Templeton reinforces the project's credibility.
• 🛡️ Security: Trust-minimized model reduces risks and increases confidence.
• 🌐 More Utility: BTC can now generate liquidity and opportunities across multiple protocols.
⸻
🗣 Kevin He, co-founder, highlights that this is “a milestone for the community” and that the focus now is on expanding integrations.
🗣 Charlie Hu emphasizes that the initiative opens new doors for investors and developers in DeFi.
⸻
📈 Expected Impact:
• More liquidity in the markets.
• New financial strategies for traders.
• Accelerated expansion of BTC usage in DeFi.
⸻
🔥 The BitVM Bridge is the missing step for Bitcoin to take center stage in decentralized finance.
#Bitcoin #DeFi #Bitlayer #CryptoNews #Blockchain @BitlayerLabs
#Bitlayer 🟧 @BitlayerLabs
Bitlayer has launched the BitVM Bridge, creating a bridge between Bitcoin and networks like Sui, Arbitrum, and Cardano. This integration promises to transform BTC from a simple store of value to an active asset in the DeFi ecosystem.
⸻
🔑 Key Points
• 🔗 Real Cross-Chain: BTC circulating between various blockchains.
• 🏦 Institutional Support: Franklin Templeton reinforces the project's credibility.
• 🛡️ Security: Trust-minimized model reduces risks and increases confidence.
• 🌐 More Utility: BTC can now generate liquidity and opportunities across multiple protocols.
⸻
🗣 Kevin He, co-founder, highlights that this is “a milestone for the community” and that the focus now is on expanding integrations.
🗣 Charlie Hu emphasizes that the initiative opens new doors for investors and developers in DeFi.
⸻
📈 Expected Impact:
• More liquidity in the markets.
• New financial strategies for traders.
• Accelerated expansion of BTC usage in DeFi.
⸻
🔥 The BitVM Bridge is the missing step for Bitcoin to take center stage in decentralized finance.
#Bitcoin #DeFi #Bitlayer #CryptoNews #Blockchain @BitlayerLabs
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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