- Bitcoin finance sees growth through Maestro’s infrastructure development.
- Marvin Bertin emphasizes UTXO-based BitcoinFi security.
- $3M seed round boosts Bitcoin economy infrastructure.
Marvin Bertin, co-founder and CEO of Maestro, discussed Bitcoin’s evolving role in finance in the latest episode, focusing on BitcoinFi infrastructure and security issues related to cross-chain solutions.
Maestro’s $3M funding highlights a shift towards Bitcoin-native financial systems, influencing market liquidity and security sentiment.
In a recent discussion, Marvin Bertin, CEO of Maestro, emphasized the future of Bitcoin in finance. Maestro is advancing Bitcoin-native DeFi infrastructure, focusing on UTXO/Bitcoin-native finance to support the growth of BitcoinFi applications.
Marvin Bertin has been pivotal in promoting BitcoinFi and argues against cross-chain solutions due to security risks. Maestro’s recent $3M funding will aid the development of secure BitcoinFi infrastructure.
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The focus on BitcoinFi’s growth is expected to enhance the productivity of Bitcoin as a financial network. Maestro’s development aims to create a more secure and robust Bitcoin-denominated capital market. Bertin highlights the convergence of traditional and decentralized finances within a Bitcoin framework. This evolution is poised to influence the financial applications landscape, providing safer platforms for exchanges, lending, and stablecoins.
Cross-chain bridges and wrapped assets create centralized vulnerabilities,” advocating UTXO-native Bitcoin DeFi (PSBTs, Runes) over custodial bridges – Marvin Bertin, Co-Founder and CEO, Maestro.
Historical precedents, such as cross-chain bridge exploits, underpin the move toward native Bitcoin solutions. The shift mirrors past cycles, where investors gravitated toward native assets over custody-vulnerable options. Insights on potential outcomes suggest a fortified Bitcoin financial ecosystem. Bertin’s emphasis on PSBTs and Runes aligns with industry trends aiming to minimize custodial risk and bolster Bitcoin-native loan and staking models.
“We’re witnessing the convergence of TradFi and DeFi into a Bitcoin-denominated capital market… For the first time since 2009, the critical pieces for on-chain financial apps on Bitcoin are in place, spanning exchanges, lending, and stablecoins. Bitcoin is evolving from a static reserve asset into a dynamic, productive financial network.” – Marvin Bertin, Co-Founder and CEO, Maestro.
