The hybrid network of layer 2 bob bob to make bitcoin the center of the universe of decentralized finances (DEFI) continues thanks to its integration with the Crypto Fireblocks police company.
Integration means that the more than 2,000 entities using Fireblocks will have access to the BOB DEFI ecosystem, which has locked the total value (TVL) of around 250 million dollars.
These users can now earn a return on their BTC holdings via the BOB network, according to a shared ad with Coindesk on Monday.
Bob, an abbreviation of “Build on Bitcoin”, aims to make Bitcoin the fundamental network for DEFI by punching towards other blockchains and using Bitcoin as a settlement network to finalize transactions.
Fireblocks is one of the main guards of the cryptographic industry, with many large institutions among its customers and obtaining more than 7 billions of dollars in digital asset transactions.
Read more: Fireblocks adds the support of Sony’s Soneium, the first step in the provision of childcare services
