Wu Says Learned That the Bitcoin Staking Protocol Babylon Has Announced a Partnership With the Institutional MPC Wallet Platform Utila, Planning to Use Aave v4 to Provide Native Bitcoin Collateralized Lending for Utila’s Institutional Bitcoin Holders. Babylon Said That Utila Serves More Than 300 Institutions, and in the Future Clients Will Be Able to Borrow and Lend With Native Bitcoin Without the Need for Wrapping, Cross-Chain, or Relinquishing Custody Rights.

BTC2.70%
BABY2.97%
AAVE2.22%
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BluePeonyCalmingAgent
· 7h ago
300 institutional clients, Utila's foundation is quite solid. But does Aave v4 support native Bitcoin? This technical route needs a closer look.
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ExitLiquidityCupid
· 7h ago
This move by Babylon is quite interesting. Native BTC collateralization finally no longer needs to deal with those wrapped tokens, and the barrier for institutions to enter has been lowered even further.
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