"Bitlayer Unveils BitVM: Revolutionizing Bitcoin's Liquidity and Rewards"

Coin WorldSaturday, Mar 1, 2025 1:01 am ET

1min read

Bitlayer, a pioneering blockchain company, has made significant strides in advancing the first implementation of BitVM (Bitcoin Virtual Machine) through strategic partnerships with leading blockchains. This move aims to connect a multichain ecosystem with a fully diluted valuation of tens of billions of dollars, unlocking new opportunities for users to earn rewards on their Bitcoin holdings.

Bitlayer has formed strategic partnerships with five leading blockchains: Base, Starknet, Arbitrum, sonic, and Plume Network. These collaborations will supercharge Bitcoin's liquidity across these thriving ecosystems, bringing new opportunities for users who wish to unlock the potential for earning rewards on their Bitcoin holdings.

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 the 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

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