The strategic partnership supports the launch of BitGenie, the first Rune/Ordinal DEX on an L2 aimed at delivering lower fees, faster finality, and better UX
DUBAI, United Arab Emirates, April 22, 2024 (GLOBE NEWSWIRE) — WOO has announced a strategic partnership with Merlin Chain, a leading Bitcoin Layer 2 protocol with over $3.6 billion in locked value, with a joint goal of dominating the fast-emerging Bitcoin DeFi market via driving BTC L2 adoption.
VP of Ecosystem Ben Yorke also announced BitGenie as the pilot project to receive the grant under the WOO Innovation Hub, a comprehensive DEX platform offering a one-stop shop for Ordinals, Runes, and Bitcoin-native assets.
“We are proud to announce our partnership with WOO, which aligns with Merlin Chain and WOO’s core DNA of promoting transparency and community involvement. Together, we aim to drive BTC Layer 2 adoption, capturing market share in the BTCFi sector,” said Jeff Yin, founder of Merlin Chain.
“Together, we are pro
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