Babylon Labs joins forces with Fiamma to unlock Bitcoin DeFi
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 10 2025Collaboration for Decentralized Finance: Babylon Labs and Fiamma are partnering to enhance a Bitcoin-secured decentralized finance ecosystem, focusing on trust-minimized bridges and integrating zero-knowledge technology through Fiamma's BitVM2 protocol.
Growth of Bitcoin Utility: The collaboration follows Fiamma's launch of its Bitcoin bridge testnet and Babylon Labs' significant staking achievements, aiming to expand Bitcoin's utility in DeFi while fostering real-world applications.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
