Cardinal Protocol Bridges Bitcoin to Cardano DeFi
Romain Pellerin, IOHK CTO, introduces Cardinal Protocol, using BitVMX and MuSig2, enabling BTC and Ordinals to access DeFi on Cardano and beyond.
 | input-output-hk |
🧵1/ Introducing Cardinal Protocol 🟧
— Romain Pellerin🇫🇷🇺🇸 (@rom1_pellerin) June 9, 2025
A new primitive for Bitcoin:
→ Wrap any BTC UTXO
→ Find DeFi yield with it: lending, staking, borrowing
→ Trust-minimized (1-of-n honest operator)
We made history with the 1st cross-chain Ordinal wrap!
📜 https://t.co/DKT10LsrwA