Botanix Winds Down After Four Years
A new article reviews discussions from the Bitcoin Alpha Conference, highlighting developments in BitVM, sovereign rollups, and Bitcoin Layer 2 infrastructure.
tradingview.com
🔗
Botanix to shut down after 4 years, cites weak demand for Bitcoin DeFi
Botanix, a Bitcoin scaling network that set out to bring “real utility” to BTC without token incentives, is winding down after four years in operation.
The decision comes despite integrations with major crypto infrastructure providers, including Chainlink, Fireblocks and Galaxy, and the launch of a consumer-facing Bitcoin neobank app.