This new development opens the door for seamless onboarding of Bitcoin Liquid Staking Tokens (BTC LSTs). For example, Lombard Finance’s $LBTC, from Ethereum to Injective.
With this integration, Injective is stepping up its game and bringing more opportunities for users to engage in DeFi activities with Bitcoin assets.
IBC Eureka: Bridging Bitcoin LSTs and Cosmos for Seamless DeFi
IBC Eureka works by allowing Bitcoin LSTs to move freely between Ethereum and Injective, expanding the possibilities for decentralized finance. For those who may not be familiar, BTC LSTs are tokens that represent staked Bitcoin on other blockchains, like Ethereum. By integrating these tokens into Injective’s DeFi ecosystem, users can now unlock new ways to earn rewards, trade, and participate in various DeFi activities while still holding on to their Bitcoin.
What makes this integration even more exciting is the connection to the Cosmos blockchain, which has been gaining popularity for its ability to support interoperability between different blockchains. With IBC Eureka, Injective users can now benefit from the Cosmos network’s seamless cross-chain communication. This means that transactions can happen faster and smoother, without the usual barriers that typically come with using different blockchains.
This integration enables seamless onboarding of BTC LSTs, including @Lombard_Finance’s $LBTC, from Ethereum for DeFi activities on Injective.
Bridge now: https://t.co/ZvijbpZGcp pic.twitter.com/EoXGUE9Jdz
— Injective
(@injective) April 10, 2025
Injective is no stranger to pushing the envelope, and this move is a prime example of that. The ability to bridge Ethereum-based BTC LSTs like $LBTC into the Injective ecosystem is a game-changer for the growing DeFi community, bringing Bitcoin users into a more versatile financial landscape.
More About Injective
Republic, a leading investment platform that has facilitated over $3 billion in funding for private companies, has joined Injective as an official validator. By operating a validator node on Injective—a high-performance, finance-optimized Layer-1 blockchain—Republic enhances the network’s security and scalability.
BREAKING: Institutional giant @RepublicCrypto, the company facilitating $3 Billion in funding for private co’s, has launched an official validator on @injective.
Republic joins an elite lineup of other institutional validators like @googlecloud, @deutschetelekom, and @galaxyhq. pic.twitter.com/nabOWqsPkY
— Injective
They join an esteemed group of validators, including Google Cloud, Deutsche Telekom, and Galaxy Digital. This will reinforce the growing institutional confidence in Injective’s potential to reshape the financial landscape
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
The post Injective Launches IBC Eureka to Enhance DeFi with Cosmos appeared first on Altcoin Buzz.
