Bitlayer is excited to announce its strategic partnerships with five leading blockchains to advance the integration of the first BitVM.
Bitlayer has partnered with Base, Starlet, Plume Network, Arbitrum, and Sonic ecosystems to help further its profound innovation, BitVM. According to the Bitlayer team, the partnership is aimed at bringing new opportunities for users and unlocking more rewards on their Bitcoin holdings. Notably, Bitlayer will go into history as the first team to implement BitVM. This will unlock native programming and scalability for users.
Through the partnership, Bitlayer will use its BitVM Bridge to connect Bitcoin and Base, boosting Bitcoin Liquidity on the network. Note that Base already has cnBTC, which allows Bitcoin holders to use their BTC ($85,264.28) across EVM-compatible blockchain ecosystems. This helps bridge the gap between Bitcoin and decentralized finance.
The partnership with Starknet will allow the integration of the Bitlayer BitVM Bridge with Starknet, enabling instant transactions for Bitcoin users. The integration will also be crucial in offering users subcent fees for all their transactions. This will all be enjoyed in a trust-minimized environment secured by STARK proofs. This integration, combined with the Web2-like user experience enabled by abstraction, creates a Bitcoin DeFi hub, the perfect environment for users to unleash the full potential of their Bitcoin.
On the other hand, integrating the BitVm Bridge with Arbitrum will allow users to bridge to and from Bitcoin. As a robust and highly liquid DeFi ecosystem, Arbitrum will harness this partnership to become one of the pioneers of bringing genuine DeFi to the Bitcoin space.
Through the BitVM Bridge, Plume Network stands to achieve optimal liquidity for diverse use cases in the Bitcoin ecosystem. The Plume Network is the first full-stack L1 Real World Asst (RWA ($0.02)) Chain with an ecosystem purposefully built for RWAFi. With this partnership in place, the network will advance RWAs as a key element in bringing institutional-grade products.
Integrating Bitlayer’s BitVM Bridge with Snic will change how users interact with games and applications. As the first SVM to launch on Solano, Sonic is strategically placed to ensure massive adoption and change.
BitVM bridge is reported to help unlock Bitcoin’s $1.9 trillion liquidity on the multi-chain ecosystem. The integration will help users access various DeFi opportunities all while enjoying the highest security of Bitcoin. Some of the key use cases of the integration include access to yield farming, liquidity pools, staking, lending, and borrowing.
In the coming days, Bitlayer plans to form more strategic partnerships. The platform will ultimately create a unified ecosystem driven by Bitcoin. creator solana token
