Zeus Network today announced a strategic liquidity partnership with Metalpha (NASDAQ: MATH) to deposit Bitcoin through APOLLO, the first decentralized application (dApp) built on Zeus Network. As an institutional asset manager specializing in digital assets, Metalpha has begun depositing Bitcoin through Zeus Network on Solana.
As part of this collaboration, Metalpha will operate as a liquidity provider using the permissionless infrastructure of Zeus Network, supporting network security through decentralized validation. The Metalpha team chose Solana to deploy Bitcoin liquidity due to its high-performance decentralized finance (DeFi) environment and highly active community. By providing Bitcoin to Zeus Network, Metalpha infuses liquidity into Solana and reinforces the security of cross-chain Bitcoin transactions, pursuing new avenues for sustainable on-chain yield generation.
With Solana emerging as the primary hub for institutional-grade digital asset innovations, Zeus Network is expanding its ecosystem to ensure Bitcoin liquidity remains fundamental to DeFi growth. Tapping into Metalpha's expertise in structured financial products and risk management, this partnership is poised to expand financial capabilities for both the Solana network and Bitcoin as an asset, adding to an already flourishing DeFi market.
“With Metalpha joining Zeus Network as a liquidity provider, we’re able to lean into their digital asset management experience to continue developing a more accessible and scalable Bitcoin liquidity solution for institutional Bitcoin owners,” said Justin Wang, Co-Founder and CEO of Zeus Network.
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About Metalpha Technology Holding Limited
Metalpha Technology Holding Limited (NASDAQ: MATH), through its subsidiaries, is dedicated to providing digital asset-focused wealth management services with a full-service, institutional-grade platform. With dedicated blockchain expertise, the Company aims to become a leader in the field of digital asset-based wealth management services, bringing robust innovation and transparency to the customers and businesses it serves.
About Zeus Network
Zeus Network is the permissionless Bitcoin infrastructure accelerating the Bitcoin on-chain economy and applications. By making Bitcoin into a programmable asset that can be utilized across Solana, Zeus lays the foundation for a secure Bitcoin financial system, unlocking new DeFi opportunities and putting the trillion-dollar asset to work.