Trust-minimized bridges on the rise: Babylon & Fiamma
Babylon Labs partners with Fiamma to develop a trust-minimized Bitcoin bridge for Cosmos chains, leveraging BitVM2. This aims to enhance Bitcoin's interoperability and unlock value for other ecosystems.
cointelegraph.com
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Babylon Labs Brings New Momentum to Bitcoin ZK Tech Through Bridge to Cosmos Chains
Developers like Babylon Labs and Fiamma are aiming to unlock the deep wells of value stored in BTC to finance other ecosystems and allow it to be transacted on blockchains that are free of some of Bitcoin's limitations of speed and scale.