Elastos integrates Bitcoin security into DeFi, positioning itself for growth and institutional interest.

From Cointelegraph
March 18, 2025 11:11 AM:

The emergence of BTCFi transforms Bitcoin into an actively utilized asset in DeFi, leveraging its security and liquidity. Elastos integrates merged mining to inherit Bitcoin’s security, positioning itself as a robust network for financial applications. BeL2 Arbiter Network enables trustless Bitcoin transactions in DeFi without synthetic assets or intermediaries, attracting institutional interest. Elastos competes with Stacks and Rootstock in the BTCFi landscape, offering high security and crosschain interoperability. Challenges include regulatory uncertainties, ecosystem awareness, and technical complexities, but Elastos’ institutional backing positions it for potential growth. Bitcoin-secured assets are expected to play a crucial role in reshaping traditional and decentralized finance, with Elastos’ innovations enhancing security, scalability, and institutional adoption in DeFi. The infrastructure provided by Elastos sets a solid foundation for the next wave of decentralized financial applications in the expanding BTCFi sector.

Read more at CoinTelegraph: How Elastos uses Bitcoin’s security to power DeFi