CandleFocus Nomic brings nBTC to Berachain, enables direct BTC conversions on Artio testnet
2024-09-25
Author: Content Editor
Layer 1 blockchain Nomic has announced the integration of its native token, nBTC, into Berachain's bArtio testnet. This allows users to convert their Bitcoin into nBTC directly on the testnet, unlocking the potential of Bitcoin within Berachain's ecosystem. The integration also presents opportunities for developers to easily integrate nBTC into DeFi protocols using Nomic's Interchain Deposits feature. This move is expected to pave the way for the creation of additional BTC-backed assets within Berachain's ecosystem, opening up new possibilities for innovative DeFi products and services. Berachain recently raised $100 million in a Series B funding round, indicating strong investor confidence in its potential in the DeFi space.
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