Bitcoin Ordinals Can Now Be Bridged to Cardano Through BitVMX

Cardano has continued to advance its credentials as a venue for Bitcoin Defi (BTCFi), facilitating a transfer of Ordinals to its mainnet.

The on-chain transaction between Bitcoin and Cardano was facilitated by BitVMX, an interoperability protocol built using the BitVM programming language.

The transaction was unveiled by Input | Output (IO), the creator of the layer 1 Cardano, at the Bitcoin 2025 conference in Las Vegas on Tuesday.

The bridge represents a "preview of what is to come," IO said in an emailed announcement. Its ultimate aim is a full integration between Bitcoin and Cardano, providing DeFi services for BTC users and unlocking huge amounts of liquidity from the value stored in bitcoin.

To this end, IO has developed the "Cardinal" protocol, a portmanteau of Cardano and Ordinals, which harnesses BitVMX to assign Bitcoin-native assets to addresses on Cardano.

The Ordinals protocol was introduced at the start of 2023, enabling the inscription of data onto individual satoshis (the smallest BTC denomination, equivalent to one 100 millionth of a bitcoin), this making them unique and traceable. In effect, this created a Bitcoin equivalent of non-fungible tokens (NFTs).

Read More: Bitlayer Joins Forces With Antpool, F2Pool, and SpiderPool to Supercharge Bitcoin DeFi

2.41万
0
本页面内容由第三方提供。除非另有说明,欧易不是所引用文章的作者,也不对此类材料主张任何版权。该内容仅供参考,并不代表欧易观点,不作为任何形式的认可,也不应被视为投资建议或购买或出售数字资产的招揽。在使用生成式人工智能提供摘要或其他信息的情况下,此类人工智能生成的内容可能不准确或不一致。请阅读链接文章,了解更多详情和信息。欧易不对第三方网站上的内容负责。包含稳定币、NFTs 等在内的数字资产涉及较高程度的风险,其价值可能会产生较大波动。请根据自身财务状况,仔细考虑交易或持有数字资产是否适合您。