🌎 Bitlayer Unveils BitVM for Bitcoin Interoperability

Bitlayer Introduces BitVM for Seamless Bitcoin Interoperability

Expanding Bitcoin’s Utility in DeFi and Real-World Asset Applications

Bitlayer has taken a significant step in integrating Bitcoin with the broader blockchain ecosystem by implementing BitVM, a new framework designed to enable trust-minimized Bitcoin interoperability.

Partnerships for Enhanced Interoperability

Through partnerships with prominent blockchain networks, including Base, Starknet, Arbitrum, Sonic, and Plume Network, Bitlayer’s BitVM Bridge aims to expand Bitcoin’s utility across decentralized finance and real-world asset applications. This integration enables Bitcoin holders to access new financial opportunities and utilize their assets on EVM-compatible chains.

Some of the key partnerships include:

Base’s cbBTC, which allows Bitcoin holders to use their assets on EVM-compatible chains, bringing Bitcoin into the broader DeFi ecosystem.
Arbitrum, which now enables users to bridge Bitcoin assets through Bitlayer’s trust-minimized framework, further strengthening the network’s DeFi landscape.
Starknet, a permissionless zero-knowledge rollup, which will integrate with Bitlayer to facilitate seamless Bitcoin transfers while maintaining security and scalability.
Plume Network, the first full-stack Layer 1 blockchain focused on real-world assets, which will leverage Bitlayer’s integration to unlock Bitcoin’s liquidity for institutional-grade financial products.
Sonic, a high-performance Solana Virtual Machine chain, which will integrate BitVM to bring Bitcoin liquidity to Web3 applications, including gaming and social media platforms.