**News Flash: Liquid Bitcoin Staking Coming to Sui Blockchain**

Babylon Labs and Lombard Protocol are set to introduce liquid Bitcoin (BTC) staking on the Sui blockchain starting December. This initiative allows Bitcoin holders on Sui to stake BTC with Babylon, a layer 2 network, and mint LBTC, Lombard’s liquid staking token. The move aims to enhance Sui's DeFi ecosystem by using LBTC as collateral, unlocking Bitcoin's $1.8 trillion liquidity.

Cubist, a blockchain developer, will build the necessary infrastructure for this integration. Sui, launched in 2023, has already attracted $1.4 billion in total value locked, marking it as a significant player in decentralized finance.