Bitlayer Advances the First BitVM Implementation Through Major Strategic Partnerships
The post Bitlayer Advances the First BitVM Implementation Through Major Strategic Partnerships appeared on BitcoinEthereumNews.com.
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…
Filed under: News - @ March 1, 2025 5:18 am