Babylon Labs partners with DSRV to advance BTCFi 2.0

Bitcoin staking protocol developer Babylon Labs has announced a partnership with DSRV, a global validator and Virtual Asset Service Provider (VASP). The two companies plan to focus on creating a BTCFi 2.0 environment that institutional investors can use with confidence. Babylon Labs enables the use of Bitcoin within the Ethereum ecosystem without requiring a bridge. Its native BTC staking protocol currently has 62,000 BTC staked. DSRV is a global validator that provides secure, professional services for institutions, leveraging its capabilities in custody and infrastructure operations.