Babylon Labs has partnered with Ledger to integrate support for signing transactions directly from Ledger devices for the Trustless Bitcoin Vaults (BTCVaults) system, thereby expanding secure access to Bitcoin-based DeFi. This integration allows users to confirm BTCVault transactions directly on Ledger hardware wallets via the Clear Signing interface, displaying full transaction details before approval.
BTCVaults enable Bitcoin holders to use their assets as collateral in DeFi applications without the need for custodians, bridges, or wrapped tokens, while still keeping BTC on the Bitcoin network. Babylon co-founder David Tse stated that the goal is to help Bitcoin participate in digital finance while maintaining self-custody. This partnership also expands Babylon’s ecosystem within Ledger Wallet and supports the BABY token.
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