EMURGO, which is driving Web3 on the Cardano blockchain, has announced a strategic partnership with BitcoinOS (BOS), the smart contract operating system for Bitcoin.
The goal is to provide Cardano DeFi users with access to $1.3 trillion in Bitcoin capital without intermediaries.
The first technical collaboration involves integrating the BOS Grail bridge into Cardano’s open infrastructure.
Cardano will be the first layer-1 blockchain network to leverage BOS’s scalability and programmability for Bitcoin.
EMURGO founder and CEO Ken Kodama noted that the partnership will open up new opportunities for cross-chain interactions and strengthen Cardano.
Meanwhile, ADA continues to trade below $0.35, having lost more than 11% over the past month.