Cardano launches its first Bitcoin DeFi protocol ‘Cardinal’
2025-07-04 04:36:02
Description
Cardano has launched Cardinal, its first decentralized finance protocol designed specifically for Bitcoin users. The announcement was made by Cardano ( ADA ) founder Charles Hoskinson on June 9 via X. Developed by Input Output, the research and development team behind Cardano, Cardinal allows Bitcoin ( BTC ) holders to access DeFi services such as lending, staking, and borrowing without using traditional custodians or centralized bridges. Welcome to the first Bitcoin DeFi protocol developed for ...
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