Bitcoin Accelerator BFF Leverages Stacks’ sBTC to Fuel Bitcoin Ecosystem Startups

Bitcoin Accelerator BFF Adopts Stacks’ sBTC to Empower Ecosystem Growth

One of the top Bitcoin accelerators, Bitcoin Frontier Fund (BFF), has a portfolio of Bitcoin businesses that define categories throughout the ecosystem, such as Bitflow, Xverse, ALEX, and Liquidium. DeFi, accessibility products, developer tools, enabling technologies, infrastructure, validated Web3 use cases, and other foundational technologies are the main areas of concentration for BFF. The accelerator revealed today that it will use Stacks’ 1:1 Bitcoin-backed asset, sBTC, to invest in startups growing.

BFF Increases Investments in Bitcoin Ecosystem with sBTC-Focused Startups

Given the current trends in the Bitcoin ecosystem, BFF is increasing its investment, which it has been making for years. Particularly in comparison to other crypto ecosystems, the sharp disparity between Bitcoin’s $1.9 trillion+ market valuation and the very small amount of assets functioning on its network underscores a substantial and evident opportunity. Global regulatory clarity is growing, particularly in light of the most recent US election outcomes. All these factors had a positive impact on BFF’s decision.

BFF intends to make significant investments in businesses using sBTC. On Day 1, a large number of the enterprises in their portfolio will support sBTC. Among these names are the following:

• Users will be able to lend and borrow against sBTC using Zest and Arkadiko.
• One Bitcoin wallet that supports sBTC is Xverse.
• Users will be able to exchange sBTC at the best rates thanks to Bitflow.
• The financial layer for Bitcoin and sBTC is ALEX.
• For all Bitcoin assets, including sBTC, Asigna is the greatest multi-sig wallet available.

Bitcoin Frontier Fund Featured in Stacks Foundation’s ‘Best and the Brightest’ Campaign

The Stacks Foundation’s “Best and the Brightest” campaign, which highlights top companies that promote sBTC, includes the launch of the Bitcoin Frontier Fund. Leading companies from the Bitcoin ecosystem are highlighted in this campaign for their dedication to increasing the usefulness and accessibility of Bitcoin. The Stacks Foundation aims to inform the public about the revolutionary potential of sBTC and its function in igniting a thriving Bitcoin economy by partnering with prominent figures in the field.

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