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NEW: IOG Bitcoin DeFi GM says "in terms of our model, you're basically bringing Bitcoin, and using it directly with familiar #Cardano $ADA dApps, like Indigo, Minswap, and CSWAP, as if Bitcoin is a native asset, a mirrored Bitcoin. Your idle $BTC basically starts to earn yield."

LATEST: The assets under management in spot Bitcoin ETFs have dropped below $100 billion after another day of outflows, the first time BTC ETFs have been below this level since April 2025.

NEW: IOG Bitcoin DeFi GM says "the goal is not only set a new standard for Bitcoin bridges, but it's also to make #Cardano $ADA the safest place to use Bitcoin productively."

NEW: IOG Bitcoin DeFi GM says "this $BTC bridge is built using the latest BitVM tech to eliminate all single points of failure—BTC is never controlled by a single entity, you retain custody at all times, and most of the bridge revenue will flow back to #Cardano $ADA's treasury."

NEW: IOG Bitcoin DeFi GM says "our model moves closer to real-world credit—it's fixed earn, P2P loans, and there's no automated liquidations. Collateral is only at risk if the borrower actually defaults, and this improves predictability, safety, and user control." $ADA $BTC