Sui continues to lay the foundation for the Bitcoin DeFi ecosystem in crypto. The Layer 1 network will support sBTC in the coming months, which is the one-to-one “bitcoin-backed asset” from Stacks, a Bitcoin L2 network. This integration will enable holders to deploy their BTC into decentralized finance by tapping into Sui’s infrastructure without “relying on centralized custodians.” Sui Foundation will also operate “a validator on the Stacks network.” By bringing sBTC to Sui, Bitcoin’s