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Layer-2 BOB's 'Bitcoin DeFi' Continues Progress With Fireblocks Integration

Layer-2 BOB's 'Bitcoin DeFi' Continues Progress With Fireblocks Integration
Hybrid layer-2 network BOB has integrated with crypto custody firm Fireblocks in order to make Bitcoin the center of the decentralized finance (DeFi) universe. This integration allows the 2,000 entities using Fireblocks to access BOB's DeFi ecosystem and earn yield on their BTC holdings. BOB aims to bridge Bitcoin to other blockchains and use it as a settlement network for transactions, ultimately making it the foundational network for DeFi. Fireblocks is a leading custodian in the crypto industry with numerous large institutions as clients and over $7 trillion in digital asset transactions secured.

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