Ankr broadens its offering of Bitcoin liquid staking tokens to the AI blockchain Talus

Ankr, a provider of decentralized blockchain infrastructure, is set to introduce Bitcoin liquid staking tokens to Talus, an AI-focused blockchain, starting from May 1st. Ankr stated that Bitcoin, being the oldest blockchain, has the highest liquidity, but it has been traditionally limited to the Bitcoin L1. However, with Ankr’s liquid staking service, users can stake Bitcoin through various restaking protocols, allowing them to earn additional staking rewards while providing liquidity to other ecosystems. To participate in Bitcoin decentralized finance (DeFi) on Talus, users delegate their BTC to an operator in a restaking protocol, which is used as collateral to create BTC liquid staking tokens. These tokens can then be used to power Talus’ smart agents or AI assistants for various applications like travel booking, online purchases, and portfolio management. Talus’ smart agents are also capable of bundling multilayer atomic swaps to enhance security and prevent attacks. Ankr’s BTC liquid staking provides liquidity for seamless DeFi transactions on Talus. Ankr previously launched its first Bitcoin liquid staking product in collaboration with the Babylon protocol, allowing users to earn yields from their idle bitcoins by minting LSTs that can validate transactions on proof-of-stake blockchains. Despite the ongoing market correction, the Bitcoin DeFi ecosystem has been thriving, with the introduction of new protocols like Ordinals, Inscriptions, Atomicals, and Runes. SolvBTC, an omnichain yield-generating protocol, has achieved a total value locked of $700 million from its yield-bearing Bitcoin minted on various platforms. SolvBTC recently attracted over 10,000 BTC staked and more than 92,000 participants shortly after its launch.