CryptoUpdated×2•Originally published 16 July 2026•Updated 17 July 2026•
1 min read

BitGo Integrates sBTC Bridge to Boost Bitcoin Liquidity in DeFi

Key Facts

1BitGo has integrated the sBTC bridge to enable direct Bitcoin conversions within the DeFi ecosystem.

In a move reflecting the growing demand for Bitcoin utility, BitGo has integrated the sBTC bridge to enable direct Bitcoin conversions within the decentralized finance (DeFi) ecosystem. According to reports, this integration is designed to facilitate seamless BTC asset bridging, potentially increasing institutional participation and liquidity. The development aims to transform Bitcoin from a passive store of value into an active participant in decentralized protocols.

This integration places BitGo in direct competition with other Bitcoin layer-2 solutions and wrapping protocols like Stacks, as the industry seeks to solve Bitcoin's programmability challenges. Per market data, the efficiency of cross-chain bridging has become a key metric for institutional custodians looking to capture the growing Total Value Locked (TVL) in Bitcoin-based DeFi applications. Industry experts suggest that such technical milestones are essential for bridging the gap between traditional finance and decentralized infrastructure.

On the macroeconomic front, the market is awaiting the U.S. Federal Reserve's Monetary Policy Report on July 10, 2026, which could influence risk appetite across the crypto sector. Additionally, upcoming speeches from Fed officials Bowman and Waller on July 13 will be key catalysts for broader market sentiment.

Latest Updates · 1

  1. Major·

    Update: BitGo has further expanded its institutional suite as BitGo Bank & Trust announced it will provide custody and off-exchange settlement for USDM1. These dollar-denominated sovereign bonds, backed 1:1, represent the world's first natively issued on-chain secured sovereign bonds managed via an OCC-regulated digital asset trust bank.