$ADA Cardano builds "the first bridge" to interact with Bitcoin

Charles Hoskinson, CEO of that network, presented the Cardinal protocol, which promises to integrate both ecosystems.

The Cardano network presented Cardinal on June 10, a new protocol designed to connect and function as a bridge between that network and the Bitcoin ecosystem.

According to Charles Hoskinson, founder of Cardano, this development represents the "first DeFi protocol for Bitcoin developed for Cardano".

However, the protocol is not yet a fully production-ready solution. Pellerin stated that Cardinal is in its early stages, describing it as an infrastructure that requires further refinement.