BlockBeats News, February 18 — Nimbus Capital announced a strategic partnership of $15 million with Chimera Wallet, a non-custodial wallet built on Bitcoin VTXO technology, aimed at expanding decentralized finance (DeFi) functions within the Bitcoin ecosystem and promoting the development of programmable financial tools on the Bitcoin network.
The two parties stated that this collaboration will integrate Bitcoin’s underlying security with the programmable capabilities of the Arkade layer built on Bitcoin, providing users with DeFi-related services including asset exchange, lending mechanisms, liquidity functions, fiat on-ramps, and payment integrations, while maintaining control over self-custodied assets.
Chimera founder and director Claudio Levrini said that the partnership combines financial expertise with Bitcoin infrastructure development, with the goal of enhancing Bitcoin’s practical use cases while ensuring self-custody. Nimbus Capital managing partner Robert Baker added that this move will help further integrate Bitcoin into institutional and decentralized scenarios.
According to reports, Chimera plans to accelerate product development through this partnership, including global promotion of the Chimera Visa card to support BTC and fiat conversions, integration of digital gift cards and merchant gateway systems, enhancement of liquidity and cross-chain interoperability, and development of user-end features such as swaps, yield products, and portfolio management.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
PVPFun Collaborates With Manadia to Reinforce Security and Trust on AI-Powered Web3 Development A...
Manadia, a data settlement and AI coordination infrastructure designed to enable verifiable executions across blockchain networks, today announced a strategic integration with PVPFun, an AI-driven entertainment infrastructure platform that allows people to build and monetize decentralized
BlockChainReporter1h ago
Visa senior executive visits Korea: Korea is the world’s best stablecoin testing ground; 17 million crypto investors + ChatGPT paying customers makes it the world’s second-largest by this measure
Visa executives recently visited South Korea and described the market as the world’s best stablecoin testbed, citing 17M crypto investors and a high rate of AI adoption. However, South Korea has been slow to advance the regulatory framework for digital assets, hindering the progress of related experiments, suggesting that regulatory lag could cause the loss of market advantages.
ChainNewsAbmedia12h ago
Metaplanet Responds to JPX Regulatory Update Consultation: It Does Not Affect the Advancement of Its Bitcoin Strategy, With More Than 216,000 Japanese Shareholders Already Participating
Metaplanet CEO Simon Gerovich said he respects the decision by a Japanese exchange to delay the inclusion of cryptocurrency companies, and emphasized that the company will continue to pursue its Bitcoin strategy. Through the “Project Nova” project, it will help develop Japan’s Bitcoin ecosystem; it has already attracted more than 216k shareholders and will continue to communicate with all parties.
GateNews18h ago
