Bitcoin Ordinals can now be bridged to Cardano via BitVMX

Gate News bot news, Cardano continues to enhance its capabilities as a Bitcoin DeFi (BTCFi) platform and assists Ordinals in transitioning to its Mainnet.

On-chain transactions between Bitcoin and Cardano are facilitated by BitVMX, which is an interoperability protocol built using the BitVM programming language.

This transaction was announced by the Cardano development company Input | Output (IO) at the Bitcoin 2025 conference held on Tuesday in Las Vegas.

IO stated in an email announcement that the bridge represents a "preview of future developments," with the ultimate goal of achieving full integration between Bitcoin and Cardano, providing DeFi services for BTC users, and unlocking significant liquidity from the value stored in Bitcoin.

To this end, IO developed the "Cardinal" protocol, a blend of Cardano and Ordinals, which utilizes BitVMX to allocate Bitcoin native assets to addresses on Cardano.

Source: CoinDesk

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)