Deep Tide TechFlow news, on December 18, according to Decrypt, the Bitcoin re-staking platform SatLayer announced its integration with the Layer1 blockchain Sui, which will enable developers to leverage Bitcoin's $2.1 trillion market cap to provide security for decentralized applications on Sui.
SatLayer is deployed on the Babylon chain and currently has 57,300 Bitcoins committed to staking, valued at $6 billion. The Sui ecosystem has 150 full-time developers in 2024, and this integration will bring new development opportunities to its DeFi ecosystem.