Cardano’s New Protocol, Cardinal, Bridges Bitcoin to DeFi Ecosystem

Cardano has launched Cardinal, its innovative decentralized finance (DeFi) protocol specifically designed to bring Bitcoin users into the Cardano ecosystem. Developed by Input Output, the research team behind the Cardano blockchain, Cardinal leverages wrapped Bitcoin UTXOs and a secure MuSig2 multi-signature system to create trust-minimized access to DeFi services for Bitcoin holders. The launch was announced by founder Charles Hoskinson on June 9 via X and marks a significant step towards making Cardano a leading platform for Bitcoin-native applications. 📚 Learn More: [https://t.co/CoYvrYnIfI](https://t.co/CoYvrYnIfI)