Threshold Network Enhances Bitcoin Onchain Access Through Direct and Gasless tBTC Minting

Threshold Network Upgrades: Threshold Network has launched protocol upgrades and a new website to enhance tBTC's role in Bitcoin on-chain markets, facilitating easier access to decentralized finance (DeFi) for both individual and institutional users.

Institutional Adoption Growth: Following the approval of U.S. spot Bitcoin ETFs, institutional participation in Bitcoin has surged, with holdings reaching $414 billion and corporate reserves increasing significantly, indicating a shift towards institutional positioning in the crypto market.

New tBTC App Features: The upgraded tBTC app simplifies the Bitcoin-to-DeFi experience, allowing users to mint and redeem tBTC with ease, and introduces features like gasless minting, a vault dashboard, and a unified activity log for better user experience.

Focus on Decentralization and Security: Threshold Network aims to provide a secure and decentralized infrastructure for Bitcoin transactions across multiple blockchains, ensuring that institutional and retail users can interact with Bitcoin seamlessly while maintaining full custody of their assets.