Thanks @AleaResearch for the thoughtful analysis. A great insight captured Babylon's direction very well: building on Trustless Bitcoin Staking to make native BTC usable as collateral through Trustless Bitcoin Vaults (TBV).

Bringing native Bitcoin-backed borrowing to Japan 🇯🇵 Babylon and @HODL1_2345 are working together to connect Bitcoin and Ethereum through Babylon TBV, enabling native Bitcoin-backed borrowing. HODL1 will help Japanese companies evaluate and adopt TBV, expanding access to Ethereum-based financial services using native Bitcoin as collateral.

Native Bitcoin collateral can do more than backing a loan. It can also create opportunities to earn yield. @HashKeyCloud aims to let institutional clients borrow against native BTC and deploy stablecoins into yield strategies. No wrapping. No bridging. No centralized intermediaries.

Babylon’s engineering team on building native Bitcoin collateral with @0xAleksaOpacic @withdoublep & @KonradStaniec at The Vault In this episode, we talk about: > how the TBV protocol is built > why we care (too much) about Bitcoin > where engineers see the Bitcoin credit market going Watch the full episode: https://t.co/33fc6jzONI

Congratulations to our partner at @Ledger on launching Ledger Atom and Agent Intent 👏 As digital assets and AI agents evolve, privacy, security, and user control matter more than ever. Great to see Ledger continuing to build with these principles at the core.

.@baby_fisherman 's goal: 10% of Bitcoin as collateral within 5 years. Read the full article, written by @AlphaWireHQ from the interview at @token2049 👇 https://t.co/TTgLmJ2t83

We're inviting you to test Native Bitcoin-backed Borrowing through Aave V4 integration. Eligible testers will receive rewards for participating. Limited to 200 spots, first come, first served.

Today, we published an ARFC on the @aave governance forum to propose native Bitcoin to Aave V4 as collateral through Babylon Trustless Bitcoin Vaults (TBV). The proposal includes two new Aave V4 Spokes; Babylon Spoke and BTCVault Swap Spoke for borrowing and liquidation settlement, revenue sharing terms and AAVE, BABY buybacks. If approved and implemented, Bitcoin holders can lock their native Bitcoin on the Bitcoin chain self-custodially, and use it as collateral to borrow supported assets on Aave V4, without wrapping, bridging, tri-party escrow, or sending their Bitcoin to third parties. Risk parameters for both Spokes will be provided by Aave's risk service providers. Subject to Aave governance review and approval. https://t.co/V8nj4R9vIp

Insurers have to hold roughly half the premiums they collect as reserve. By regulation, that cash sits idle. Babylon co-founder @baby_fisherman explains there's a new business opportunity. Insurance company can use Bitcoin as the reserve asset so that the otherwise frozen cash there can be used to do investment. He assets that the risk Bitcoin is exposed to is no longer correlated to crypto. It's no longer even correlated to stock market. Watch the full episode.

Babylon CMO @Tristan0x15 on Double Down: "People don't know that maybe they're on a banking app in the future. They don't know that they're borrowing against the Bitcoin with Babylon. They just know that it's possible for them." Infrastructure wins when it becomes invisible. Watch the full conversation.