Bitcoin staking protocol Babylon: About to introduce Bitcoin staking in Cosmos
Babylon announced on X platform that Bitcoin collateral will soon land on Cosmos Hub. Babylon will work with informalinc to introduce the Bitcoin collateral protocol to Cosmos, transforming Cosmos Hub into a multi-asset security aggregator supported by ATOM, BTC, and ecosystem tokens.
Earlier, it was reported that the Bitcoin collateral protocol Babylon completed a $18 million financing round, led by Polychain Capital and Hack VC.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial Listing] Bitget Will List Datagram (DGRAM) in the Innovation and DePIN Zone
Bitget Spot Margin Announcement on Suspension of L3/USDT, ULTI/USDT Margin Trading Services
Bitget PoolX is listing Planck (PLANCK): Lock BTC to get PLANCK airdrop
Bitget x PLANCK Carnival: Grab a share of 1,880,000 PLANCK!
Trending news
MoreCrypto prices
More
