3 months ago
Hybrid layer-2 web BOB's ngo to marque Bitcoin the halfway of the decentralized concern (DeFi) beingness continues done its integration with crypto custody steadfast Fireblocks.
The integration means the implicit 2,000 entities utilizing Fireblocks volition get entree to BOB's DeFi ecosystem, which has full worth locked (TVL) of astir $250 million.
These users tin present gain output connected their BTC holdings via BOB's network, according to an announcement shared with CoinDesk connected Monday.
BOB, an abbreviation of "Build connected Bitcoin", has the extremity of making Bitcoin the foundational web for DeFi by bridging to different blockchains and utilizing Bitcoin arsenic a colony web to finalize transactions.
Fireblocks is 1 of the foremost custodians successful the crypto industry, counting galore of ample institutions among its clients and securing implicit $7 trillion successful integer plus transactions.
Read More: Fireblocks Adds Support for Sony's Soneium, First Step successful Provision of Custody Services
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