Ankr to Launch Bitcoin Liquid Staking Tokens on AI Blockchain Talus

Decentralized blockchain infrastructure provider $Ankr is set to introduce Bitcoin ($BTC) liquid staking tokens (LSTs) to the AI-focused blockchain Talus starting May 1. This move allows Bitcoin's liquidity to be utilized in new ways, enabling users on the Bitcoin network to earn additional staking rewards and providing AI applications on Talus, such as virtual assistants for booking travel, making online purchases, and managing portfolios, access to Bitcoin liquidity. The Bitcoin LSTs can also support smart agents on Talus in executing complex DeFi transactions like atomic swaps in a single transaction, enhancing security against exploits. This development follows $Ankr's earlier announcement of its first Bitcoin liquid staking product in partnership with Babylon Protocol, aiming to allow users to earn yields from their idle Bitcoins securely. Despite a market correction, the Bitcoin DeFi ecosystem continues to grow, with new protocols and a significant increase in total value locked (TVL) across various projects.