
StarkWare Establishes BTC Fund, Aims to Turn Starknet into a Bitcoin Layer-2
StarkWare announces the launch of a strategic Bitcoin reserve fund, while accelerating plans to turn layer-2 Starknet into a unified bridge between Bitcoin and Ethereum.
StarkWare establishes a BTC reserve fund, aiming to transform Starknet into a Layer-2 on Bitcoin
StarkWare Establishes a Bitcoin Reserve Fund
StarkWare, the developer of Layer-2 Starknet, has officially converted part of its treasury into Bitcoin to establish a strategic Bitcoin reserve fund.
StarkWare has confirmed its commitment to continuously accumulate Bitcoin over time but did not disclose the exact amount of BTC it holds or plans to purchase in the future. Nevertheless, Bitcoin is expected to play a core role in the company’s strategy, serving not only as a store of value but also as a foundation for DeFi applications within the Starknet ecosystem.
Eli Ben-Sasson, CEO and co-founder of StarkWare, emphasized:
“We are not just talking the talk; we are walking the walk. I believe every blockchain company should and will hold Bitcoin. Since we work on Bitcoin daily, it is only logical to lead in this trend.”
With this move, StarkWare has officially joined the growing list of crypto companies establishing Bitcoin reserves, following major names such as Strategy, MARA, and Galaxy Digital.
Notably, the announcement from StarkWare came just days after President Donald Trump signed an executive order to establish the United States’ strategic Bitcoin reserve fund, with plans for the government to manage 198,000 BTC (equivalent to $18 billion) seized from criminal cases. Additionally, the U.S. Treasury and the Department of Commerce are exploring ways to acquire more Bitcoin without impacting the federal budget.
As both businesses and governments view Bitcoin as a strategic reserve asset, this trend not only strengthens BTC’s position in the crypto market but also paves the way for Bitcoin to become a key pillar in the global digital economy.
Ambition to Transform Starknet into a Layer-2 on Bitcoin
Alongside establishing the Bitcoin reserve fund, StarkWare also announced plans to expand Layer-2 Starknet to support Bitcoin with three initial initiatives, including:
Integration with the Xverse Bitcoin wallet, opening opportunities for users to seamlessly use Bitcoin within its ecosystem. Xverse currently supports major Bitcoin token standards, including Ordinals & Runes, BRC-20, Stacks & Rare Sats. This enables users not only to store and manage BTC but also to trade and interact with Bitcoin-based assets directly from Starknet.
Launching the “BTCFi Season” program: Starknet will offer financial products such as staking, lending, and borrowing using Bitcoin directly on Starknet.
Bitcoin payments via Lightning Network on Starknet: The Braavos wallet on Starknet now supports one-click Bitcoin payments through the Lightning Network, enhancing transaction speed, reducing costs, and improving the overall Bitcoin payment experience within the Starknet ecosystem.
Starknet is currently making significant preparations to become the first Layer 2 capable of processing transactions for both Bitcoin and Ethereum, unifying the world’s two largest blockchains on a single platform.
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