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Bitlayer has partnered with Kamino Finance and Orca to bring YBTC to the Solana ecosystem.
2days ago

Odaily Planet Daily reports that Bitlayer has partnered with Kamino Finance and Orca to integrate its Bitcoin-wrapped token, YBTC, into the Solana ecosystem. YBTC, pegged 1:1 to BTC, facilitates trustless Bitcoin transfers and provides yield opportunities for Bitcoin holders. Solana users can maximize their returns through Kamino's yield vault and enjoy seamless transactions with Orca.

The integration aims to combine the security of Bitlayer with the speed and scalability of Solana. Bitlayer co-founder Charlie Hu said: “This will provide Bitcoin holders with native BTC investment opportunities and income opportunities.” (CoinDesk)