Animoca, Rootstock Labs Partner to Bring Bitcoin DeFi to Japanese Institutions

Web3 conglomerate Animoca Brands has announced a strategic partnership with Rootstock Labs, the development team behind the Rootstock (RSK) network, aimed at accelerating the adoption of Bitcoin-based Decentralized Finance (DeFi) solutions specifically targeting institutional clients in Japan. The collaboration is designed to bridge the gap between traditional finance institutions and the burgeoning Bitcoin DeFi ecosystem.

Rootstock is an EVM-compatible smart contract platform secured by Bitcoin, operating as a sidechain pegged to BTC. This setup allows developers to deploy complex DeFi protocols, such as lending, borrowing, and decentralized exchanges, while inheriting the security and stability of the Bitcoin network.

Animoca Brands will leverage its significant presence in the global Web3 ecosystem and its expertise in navigating regulatory frameworks to facilitate institutional onboarding in the Japanese market. Japan is recognized as a key market due to its clear regulatory stance on digital assets and its institutions’ growing interest in secure, compliant blockchain applications.

The partnership will focus on utilizing the RSK infrastructure to provide institutions with robust, compliant, and capital-efficient pathways to engage with Bitcoin-backed financial services. By concentrating efforts on institutional adoption, Animoca and Rootstock Labs are positioning the Rootstock network as the primary secure layer for regulated Bitcoin DeFi utility, moving BTC beyond its function solely as a store of value and into the core of global institutional finance.

Source: Animoca, RootstockLabs partner to bring Bitcoin DeFi to Japanese institutions