Crypto
Babylon teams up with Ledger to expand bitcoin DeFi use
Babylon is collaborating with hardware wallet maker Ledger to support BTCVaults, a product that lets bitcoin be used as collateral in decentralised finance, The Block reported on March 10. BTCVaults removes the need for custody services or wrapping and uses native bitcoin under on-chain verification conditions. Ledger provides a secure signing layer so users can approve transactions directly on a hardware device.
