Babylon Labs Announces Strategic Investment in BitVM2 Development Company Fiamma
2025-01-12 06:19:08
Bitcoin stake proof protocol babylon labs announcement strategydesk3cryptocurrencydesktopCrypto News
Bitcoin Proof of Stake Protocol Babylon Labs announced a strategic investment in BitVM2 development company Fiamma. The specific investment amount has not been disclosed yet. This investment will support its efforts to build a bitcoin bridge development software solution that minimizes trust to connect the Cosmos chain. It intends to integrate zero-knowledge technology into Bitcoin and reshape the application of Bitcoin in programmable blockchains and other fields.
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