Denver, United States, March 1st, 2025,
Chainwire
An increasing number of L1s and L2s are integrating Bitcoin into
their ecosystems, showcasing user enthusiasm for Bitcoin’s
adoption. Today, Bitlayer has taken decisive actions
to connect a multichain ecosystem with a fully diluted valuation of
tens of billions of dollars through the BitVM integration, which
brings new opportunities for users who wish to unlock the potential
for earning rewards on their Bitcoin holdings.
Bitlayer is thrilled to announce strategic partnerships with
five leading blockchains, including Base, Starknet, Arbitrum,
Sonic, and Plume Network, supercharging Bitcoin's liquidity across
these thriving ecosystems.
Base - Bitlayer BitVM Bridge is now connecting
Bitcoin and Base, supercharging Bitcoin’s liquidity on the network.
Base’s cbBTC enables Bitcoin holders to use their BTC across
EVM-compatible blockchain ecosystems such as the Base blockchain,
bridging the gap between Bitcoin and decentralized finance.
Arbitrum - With Bitlayer BitVM Bridge, Arbitrum
users will be able to bridge assets to and from Bitcoin under a
trust-minimized framework. A robust and highly liquid DeFi
ecosystem will be one of the pioneers in bringing genuine DeFi to
Bitcoin space.
Starknet - Bitlayer BitVM Bridge will integrate
with Starknet, bringing Bitcoiners instant transactions and
sub-cent fees in a trust-minimized environment secured by STARK
proofs. Combine that with the Web2-like user experience enabled by
Starknet's native account abstraction, and you end up with a
Bitcoin DeFi hub where users can unleash the full potential of
their Bitcoin.
Plume Network - Through the BitVM Bridge, Plume
Network — the first full-stack Layer 1 Real World Asset (RWA) Chain
and ecosystem purpose-built for RWAFi —will achieve optimal
liquidity for diverse use cases from the Bitcoin ecosystem.
Together, Bitlayer and Plume are advancing RWAs as a cornerstone
for bringing institutional-grade products.
Sonic - The integration between Bitlayer BitVM
Bridge and Sonic, the first SVM to launch on Solana, for games and
applications. Powering Web3 TikTok App Layer - onboarding next
billion users.
Implementing BitVM through Strategic Integration
Frameworks
Bitlayer pioneers Bitcoin’s evolution as the first team to
implement BitVM, unlocking native programmability and scalability
without forks. Bitlayer’s BitVM Bridge stands as a transformative
innovation in Bitcoin bridging technology, meticulously developed
by Bitlayer and underpinned by the advanced BitVM paradigm.
As the most immediate benefit of integration, BitVM Bridge will
help unlock Bitcoin's $1.9 trillion USD worth of liquidity on
multichain ecosystems, allowing users on Base, Starknet, Arbitrum,
Sonic, and Plume Network to gain access to a range of DeFi
opportunities, while enjoying the highest security of Bitcoin.
These upcoming integrations will enable BTC to unlock several
key use cases on the target chains, driving rapid liquidity
growth:
- Yield Farming and Liquidity Pools: BTC can be
used in liquidity pools on protocols like Aerodrome, AAVE, or Silo
Finance, allowing Bitcoin holders to earn rewards from various DeFi
protocols by providing liquidity.
- Lending and Borrowing: Bitcoin holders can use
BTC as collateral to lend their assets or borrow other tokens,
effectively leveraging Bitcoin in decentralized finance.
- Staking: Users can earn additional staking
rewards through staking BTC on those supported protocols, adding
another layer of incentives for participants.
At its core, this move unleashes the utility and liquidity kept
dormant in Bitcoin, vying to break out into a swath of blockchain
ecosystem applications.
What's Next
This first BitVM integration marks a profound shift in the
evolution of crypto. By connecting Bitcoin to various blockchains
and protocols in a trust-minimized way, we are witnessing the
emergence of a unified ecosystem — driven by Bitcoin as a catalyst
for DeFi growth.
Following these significant integration milestones, Bitlayer
intends to collaborate with more blockchain, DeFi protocol and
native BTC protocol to ultimately build a robust BitVM
ecosystem.
Follow Bitlayer official channels for more
upgrades soon.
About Bitlayer
Bitlayer is pioneering the first
BitVM implementation. By merging unparalleled security with a
lightning-fast smart contract engine, Bitlayer unlocks the full
potential of Bitcoin DeFi.
Bitlayer is committed to an open and collaborative Bitcoin DeFi
ecosystem, working with partners to advance BTC Bridge, Bitcoin
Layer 2 and BitVM stack, driving the future of secure, scalable,
and programmable Bitcoin finance.
Contact
Ana
Solana
press@bitlayer.org
