Hybrid Layer-2 network Bob’s mission to make Bitcoin the center of the decentralized funding (Defi) universe continues through its integration with the crypto-detention company Fireblocks.
Integration means that the over 2,000 devices using Fireblocks will have access to BOB’s Defi Ecosystem, which has a total value locked (tvl) of about $ 250 million.
These users can now earn dividends from their BTC holdings via BOB’s network, according to a message shared with Coindesk on Monday.
Bob, an abbreviation of “Build on Bitcoin”, has the goal of making Bitcoin the basic network of defi by bridging other blockchains and using Bitcoin as a conciliation network to end transactions.
Fireblocks is one of the most important stewards in the crypto industry who counts many of large institutions among its clients and secures over $ 7 trillion in digital asset transactions.
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