Wu learned that Bitcoin staking protocol Babylon has announced a partnership with institutional MPC wallet platform Utila, planning to provide native Bitcoin collateralized lending through Aave v4 for Utila's institutional Bitcoin holders. Babylon stated that Utila serves over 300 institutions, and clients will be able to lend and borrow using native Bitcoin in the future without the need for wrapping, cross-chain transfers, or relinquishing custody rights.

BTC1.77%
BABY2.10%
AAVE1.33%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned