Aki Balogh, co-founder and CEO of DLC.Link, discussed on The Agenda podcast how DeFi on Bitcoin can unlock new financial opportunities, including collateral and yield farming.
Despite Bitcoin's (CRYPTO:BTC) significant market cap of $1.35 trillion, many investors are unable to utilise their holdings effectively.
DLC.Link introduces "self-wrapping," allowing users to lock their Bitcoin and use it on Ethereum (CRYPTO:ETH) without giving up custody.
This approach ensures security while enabling investors to earn yield and participate in DeFi.
Balogh emphasised that DLC.Link's method keeps Bitcoin safe as long as users retain their private keys.