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Meet Cardinal: Trustless Ordinals Protocol for Cross-Chain DeFi
Jonatan Altszul, CEO of Fairgate Labs, introduces Cardinal: a trust-minimized protocol powered by BitVMX enabling Bitcoin Ordinals to be securely bridged to Cardano. This unlocks cross-chain DeFi by wrapping Bitcoin-native assets as Cardano tokens, allowing use in smart contracts without custodians or address pre-registration.
At Fairgate, we envisioned a system where users could manage their Bitcoin assets and interact seamlessly with Cardano’s smart contract ecosystem, without relying on centralized intermediaries or trusting opaque third-party systems. This wasn’t just about connecting two blockchains — it was about creating an entirely new paradigm for asset mobility.