Top Interop Protocol Wormhole Adds Stacks to Bridge Bitcoin to Multi-Chain DeFi
Wormhole — a blockchain interoperability protocol that secured $225 million in funding at a $2.5 billion valuation from Coinbase Ventures, Multicoin Capital, and Breven Howard — has added support for Stacks, one of the first Layer 2 (L2) networks on Bitcoin.
With the integration, Stacks’ two key assets — sBTC and STX — can now move across other blockchains using Wormhole’s infrastructure, beginning with Solana and Sui, Wormhole said in an announcement on Tuesday, July 1.
The tokens will adopt Wormhole’s Native Token Transfers (NTT) standard, “enabling native issuance across major DeFi ecosystems.”
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