ChainCatcher message, Cardano founder Charles Hoskinson stated on X that Bitcoin DeFi is a key mission roadmap that Input Output Global (IOG) will pursue in 2025. To this end, he set a goal for the team to create a meaningful demonstration (demo) before the Bitcoin 2025 conference in May 2025.
Hoskinson stated that they will collaborate with the multiparty computing protocol Fair Gate Labs to achieve these goals. Furthermore, the partnership will also extend to community projects and wallets. While no specific timeline for the minimum viable product (MVP) was provided, Hoskinson mentioned that there is still a lot of work to be done.