Interlay aims to advance Bitcoin’s DeFi potential with new interoperable bridge By Cointelegraph

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© Ink Drop

Interlay, a newly appointed (DOT) parachain network, is nearing the completion of a two-year (BTC) bridge development project on Polkadot, with the launch announcement on its sandbox platform Kusama.

Additionally, Interlay has integrated a Wrapped Bitcoin (wBTC) digital asset, known as kBTC, on their Canary parachain Kintsugi. The asset is already available for trading on other Polkadot parachains Karura, governed by Acala, and Moonriver, governed by Moonbeam.