KuCoin Ventures announces investment in Bitcoin DeFi infrastructure bitSmiley

2024-03-04 10:14:20BlockBeatsShare to:

According to BlockBeats news, on March 4, KuCoin Ventures announced a strategic investment in bitSmiley, the Bitcoin DeFi infrastructure. bitSmiley is a Bitcoin blockchain protocol based on the Fintegra framework and consists of three main components: a decentralized over-collateralized stablecoin protocol; a local trustless lending protocol, and a derivatives protocol. Together, these components provide a comprehensive financial ecosystem on the Bitcoin blockchain, enhancing its functionality and utility within the decentralized finance (DeFi) space.

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