Nansen Joins as a Node Validator of Bifrost Network

We’re excited to announce Nansen, one of the most acclaimed onchain platforms, as an official partner of Bifrost Network.

As a strategic validator partner, Nansen will contribute to enhancing the security and decentralization of Bifrost Network.

Significance of Partnership

Nansen, a leading blockchain analytics platform trusted by major institutions worldwide, brings invaluable Web3 expertise to Bifrost Network as a validator. Their participation significantly strengthens our network’s decentralization and security infrastructure.

As one of the most trusted names in blockchain analytics, Nansen’s participation as a validator substantially reinforces Bifrost’s credibility in the Web3 ecosystem. This strategic partnership extends beyond network validation, encompassing collaborative efforts to enhance blockchain infrastructure and innovation.

About Nansen

Nansen is a blockchain analytics platform that enriches on-chain data with millions of wallet labels. Crypto investors use Nansen to discover opportunities, perform due diligence, and defend their portfolios with our real-time dashboards and alerts. Visit Nansen | Onchain Analytics for Crypto Investors & Teams to find out more.

About Bifrost

Bifrost is a multi-chain Layer 1 network that supports both EVM and non-EVM environments, offering an optimized infrastructure for decentralized application (DApp) development.

BTCFi — The Core of Bifrost’s Ecosystem

One of Bifrost’s flagship services is BTCFi, designed to unlock Bitcoin’s liquidity in an optimal way. Users can borrow BtcUSD, a Bitcoin-collateralized stablecoin, by using BTC as collateral. This provides an opportunity to generate additional yield while holding Bitcoin. Learn more about BTCFi.

Bifrost — A Fully Decentralized and Secure Blockchain Network

The CCCP (Cross-Chain Communication Protocol) and BRP (Bitcoin Relaying Protocol) ensure that every transaction in the network is verified by decentralized relayers. The validator network operates in a fully decentralized manner to provide trustless verification, while a Multi-Sig-based Vault system secures asset storage within the network. With this robust infrastructure, Bifrost has established itself as a highly secure and completely decentralized network, setting a new standard for blockchain-based financial services.

Expanding Horizons: Bifrost’s Growth Journey

This strategic partnership with Nansen marks a significant milestone in Bifrost’s evolution. Together, we will work to advance blockchain innovation and expand the possibilities of decentralized finance.

With this milestone, Bifrost has become a network validated by trusted Web2 companies and Web3 companies. It is set to establish itself as a blockchain network that is trusted by both communities.

Stay tuned for exciting updates on the upcoming BTCFi release, the evolving Bifrost ecosystem of dApps, and further groundbreaking partnerships.

Team & Advisor Distribution

Since the launch of BTCFi, we have achieved a total TVL of $20 million and secured strategic partnerships across both Web2 and Web3, driving continuous growth. By officially joining the AWS Partner Network (APN), we have expanded our infrastructure, while our collaboration with KDDI, Japan’s leading telecommunication provider, has strengthened network security and broadened our Web2 integrations. Additionally, through our partnership with OKJ, a fully compliant Japanese crypto exchange, we have enhanced trust. Also we have deepened our Web3 capabilities by working with Nansen, a leader in on-chain analytics, among other key industry players.

To accelerate this momentum and further expand the BTCFi ecosystem, strengthen our global presence, and solidify our position in Japan, a 19,969,820 BFC will be distributed to team members and advisors from February 28, 2025, to January 2026 in phases. This will allow us to achieve and drive the next phase of growth. By strictly adhering to our distribution schedule, we ensure the long-term stability of our ecosystem while fostering continuous innovation and expansion.

Join Our Journey!

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