Connect with us

Adoption

Liquidium debuts cross-chain lending to unlock over $4 billion idle Bitcoin in DeFi

Published

on

Credit : cryptoslate.com

Bitcoin-Native Credit platform Liquidium has unveiled a brand new Cross-Chain product with which customers can borrow belongings and borrow in Bitcoin, Ethereum and Solana Networks, Accordonation for an announcement shared with CryptoSlate.

The brand new resolution known as liquidium cross-chain loans and was introduced on the Bitcoin 2025 convention.

Liquidium’s cross-chain loans

In response to the corporate, the product depends on chain fusion expertise developed by the Web Laptop (ICP). This infrastructure makes direct communication between block chains attainable without having third-party bridges, which are sometimes seen as safety vulnerabilities in defi-architecture.

Liquidium defined that his new product tackles a protracted -term limitation in decentralized financing by enabling customers to deposit native bitcoin and borrow belongings equivalent to USDT on Ethereum or USDC on Solana.

Robin Obermaier, CEO of Liquidium, emphasised the main target of the product on safety and person management. He acknowledged that liquidium the necessity for customers to fret about which chain they’re coping with.

He added:

“Bitcoin is constructed for self -geinity, not vomiting keys to centralized bridges … We’ve got abstracted it, so there’s solely the blockchain. Pour native BTC, obtain USDT on Ethereum, USDC on Solana or an belongings you want, quick and secure.”

The beta launch of the platform is anticipated to comply with in Q3 2025, with a broader public rollout. The intention of customers can take part within the ready listing on Liquidium.fi.

Aave-like product

The product design of Liquidium mimics from lending protocols equivalent to Aave, utilizing liquidity swimming pools the place customers can borrow or borrow belongings.

READ  Here’s What Could Lead to Large Counter-Trend Rally for Bitcoin, According to Benjamin Cowen

In distinction to Aave, who primarily works on Ethereum, Liquidium facilitates Native-to-Native transactions over a number of chains with out tokens or use of guardianship bridges.

Customers can ship Bitcoin straight from portfolios equivalent to ledger or xverse to earn BTC-through searched yields. Likewise, Ethereum, Solana and Stablecoins might be offered by way of Crypto portfolios equivalent to Metamask or Phantom to generate proceeds on their respective chains.

Within the meantime, Liquidium gambles on the cross-chain performance to stimulate exponential development for his platform. The platform famous that it goals to unlock the worth of greater than $ 4.3 billion in packed BTC that’s at the moment inactive in Ethereum-based Defi platforms.

Liquidium CTO Peter Giammanco calls the brand new product a turning level that the platform would flip right into a “Multi billion Greenback Protocol in TVL and Quantity.” He added:

“That is the cross-chain mortgage protocol constructed for Bitcoin, it’s going to change how Defi works in every single place.”

State on this article

Adoption

Adoption5 hours ago

Stablecoin market hits record $300 billion in 2025 surge

Credit : cryptoslate.com The Stablecoin market has risen to a report excessive and the milestone of $ 300 billion has...

Adoption8 hours ago

How Naver and Dunamu could reshape South Korea’s crypto landscape

Credit : cryptoslate.com Naver Monetary, the fintech arm of the biggest search engine in South Korea, weighs a possible share-swap...

Adoption1 day ago

Who benefits most from new global superpower deal to revamp Bitcoin market within 6 months?

Credit : cryptoslate.com Two monetary super power have agreed to a groundbreaking deal that can rewrite Bitcoin and Crypto market...

Adoption2 days ago

Bitcoin becomes a macroeconomic asset as countries race to ramp up adoption

Credit : cryptoslate.com The acceptance of Bitcoin (BTC) is rising between international locations, by which 32 international locations actively pursue...

Adoption2 days ago

Hashdex files to add SOL, ADA, XRP to crypto index ETF under new SEC standards

Credit : cryptoslate.com Hashdex has submitted to the SEC to develop its Nasdaq Crypto Index US ETF outdoors of Bitcoin...

Adoption3 days ago

South African asset management giant advises clients against over exposure to Bitcoin

Credit : cryptoslate.com Sygnia Ltd. from South Africa, an asset supervisor of $ 20 billion, urges clients to forestall them...

Adoption1 week ago

First dogecoin ETF outperforms expectations, trading nearly $6M in first hour on Wall Street

Credit : cryptoslate.com The primary US Change-Traded Fund that was tied to Dogecoin rose from the port on 18 September...

Adoption1 week ago

Sora Ventures joins Columbia Teachers College initiative to integrate web3 tech in education, policy

Credit : cryptoslate.com Sora Ventures has joined the Advisory Board of the Consortium for Diplomacy and Worldwide Motion (CDGA) to...

Trending