Anchorage Launches Bitcoin DeFi Platform
Update: 2025-11-08
Description
Anchorage Digital, a U.S. federally regulated bank, unveils BOB, a hybrid layer-two network connecting Bitcoins security with Ethereums DeFi capabilities. This move attracts institutional investors seeking yield opportunities, with BOB holding $250 million and total Bitcoin DeFi value locked surging from $200 million to $8 billion in 18 months. The provision of custody services marks a significant advancement in making Bitcoin yield opportunities more accessible to institutions.
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