"Bitlayer Unveils BitVM: Revolutionizing Bitcoin's Multichain Ecosystem"

Coin WorldSaturday, Mar 1, 2025 12:33 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 alliances with five prominent blockchains: Base, Starknet, Arbitrum, sonic, and Plume Network. These partnerships will supercharge Bitcoin's liquidity across these thriving ecosystems, bringing new possibilities for Bitcoin holders.

Base - The Bitlayer BitVM Bridge now connects Bitcoin and Base, enhancing Bitcoin's liquidity on the network. Base's cbBTC enables Bitcoin holders to use their BTC across EVM-compatible blockchain ecosystems, bridging the gap between Bitcoin and decentralized finance.

Arbitrum - With the Bitlayer BitVM Bridge, Arbitrum users will be able to bridge assets to and from Bitcoin under a trust-minimized framework. This integration will pioneer a robust and highly liquid DeFi ecosystem, bringing genuine DeFi to the Bitcoin space.

Starknet - The Bitlayer BitVM Bridge will integrate with Starknet, bringing Bitcoiners instant transactions and sub-cent fees in a trust-minimized environment secured by STARK proofs. Combined with Starknet's native account abstraction, this integration creates 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, will power Web3 TikTok App Layer, onboarding the 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

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