Ankr, the #1 Provider of Bitcoin-Secured, Physical Infrastructure, Becomes Signer for Stacks as sBTC Launches

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Theblock
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Ankr, the #1 provider of Bitcoin-secured infrastructure, has joined the Stacks ecosystem as a Signer, bolstering the network's security and decentralization just as sBTC goes live. Their addition as a Signer highlights their proven commitment to advancing Bitcoin technology and their established reputation within the Bitcoin community. Known for delivering reliable and scalable blockchain solutions, Ankr brings credibility and trust to the decentralized multi-signer model that underpins sBTC, ensuring secure and trust-minimized interactions between Bitcoin and Stacks. 

Ankr’s support strengthens Stacks’ decentralization and reinforces Stacks as the leading Bitcoin Layer 2. This backing comes at an important time, as sBTC’s ongoing launch and rollout will make Bitcoin more programmable and accessible within the DeFi ecosystem. 

“We’re thrilled to support Stacks and sBTC to build Bitcoin's future,” says Chandler Song, Co-Founder and CEO of Ankr. “Our Bitcoin Secured Infrastructure platform provides the tools and infrastructure developers need to create innovative Bitcoin-related protocols. By joining the Stacks ecosystem as a Signer, we’re empowering developers to leverage Bitcoin’s security and tap into its massive potential.”

Ankr is redefining Bitcoin infrastructure with their Bitcoin Secured Infrastructure (BSI) product, a comprehensive solution designed to bring developers back to building within the Bitcoin ecosystem. At its core, Ankr BSI provides customizable, use-case-specific infrastructure templates that include high-performance RPC services, validator solutions, and modular tools tailored to Bitcoin protocols. These protocols range from BTC Layer 2s like Stacks to BTC staking solutions like Babylon. With BSI, developers building on Bitcoin-related protocols can harness Bitcoin’s security and liquidity while benefiting from enhanced scalability, reliability, and streamlined development processes.

Ankr’s support for sBTC is a component of the Stacks Foundation's "Best and the Brightest" campaign, which highlights leading organizations committed to supporting sBTC, Stacks’ fully programmable Bitcoin asset. This initiative showcases top entities within the Bitcoin ecosystem, underlining their dedication to enhancing the utility and accessibility of Bitcoin. By collaborating with industry leaders, the Stacks Foundation aims to educate the community on the transformative potential of sBTC and its vital role in fostering a robust Bitcoin economy.

 

This post is commissioned by Stacks and does not serve as a testimonial or endorsement by The Block. This post is for informational purposes only and should not be relied upon as a basis for investment, tax, legal or other advice. You should conduct your own research and consult independent counsel and advisors on the matters discussed within this post. Past performance of any asset is not indicative of future results.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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