Babylon and Gomining Plan to Activate Up to 1,000 BTC via Trustless Vaults
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Babylon and Gomining Plan to Activate Up to 1,000 BTC via Trustless Vaults
"Bitcoin owners can lock their BTC into Babylon's Trustless Bitcoin Vaults, which hold bitcoin on its native blockchain under programmatic rules, without moving it off the Bitcoin network."
"Users can programmatically borrow and self-commit those locked funds to Gomining's mining products, earning rewards from Gomining's industrial-scale operations in the form of native bitcoin yield."
"The key distinction is that users never wrap their BTC into a synthetic token, never bridge it to another chain, and never hand custody to a third party."
Babylon Labs and Gomining have announced a partnership to integrate their infrastructure, enabling bitcoin holders to lock their BTC into Babylon's Trustless Bitcoin Vaults. This allows users to earn mining rewards from Gomining's operations without wrapping, bridging, or losing custody of their coins. The integration targets up to 1,000 BTC, approximately $82 million. Babylon currently holds 56,853 BTC in staking vaults and raised $15M from a16z crypto in January 2026. The partnership aims to enhance Bitcoin DeFi while maintaining self-custody for users.
Read at news.bitcoin.com
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