Blockchain platform Sui has partnered with SatLayer to expand Bitcoin integration in decentralized finance (DeFi).
The integration, scheduled for December 18, 2024, allows decentralized applications to utilize Bitcoin for security and liquidity purposes.
The partnership enables the development of Bitcoin Validated Services (BVSes) within the Move programming language environment.
The integration aims to bridge traditional cryptocurrency assets with decentralized finance capabilities and increase Bitcoin's utility in the DeFi space.