BIMA, exSat Launch $100M Initiative To Expand Bitcoin-Backed DeFi Infrastructure
Posted On May 28, 2025
BIMA, a Bitcoin (CRYPTO: BTC)-native DeFi platform, has partnered with exSat Network to advance the use of Bitcoin in decentralized finance.
The collaboration kicks off with an initial $100 million deployment, equivalent to 1,000 BTC, towards enabling permissionless yield strategies.
The two firms also revealed an option to scale the capital allocation to $500 million (5,000 BTC) as demand grows.
The alliance positions BIMA as the official stablecoin provider across the exSat ecosystem, integrating its overcollateralized USBD stablecoin with exSat-native assets like esBTC and iBTC.
This deployment is aimed at allowing Bitcoin holders …
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