Babylon Genesis Mainnet Launch: BABY Unlocks BTC Staking Potential for 70+ Chains via Cross-Chain Interoperability Network Axelar

By: blockbeats|2025/04/10 18:45:02

New York, April 10, 2025 — The Babylon Genesis mainnet, which supports BTC staking on the Bitcoin native ledger, has officially launched today. Finality validating nodes have been activated and have started distributing BABY rewards to BTC stakers. On this occasion, Babylon Genesis has partnered with leading Web3 interoperability platform Axelar to integrate the Babylon Genesis ecosystem and its native token BABY seamlessly into the global Web3 network.

“Through Axelar’s integration, the Babylon Genesis ecosystem is now connected to over 70 blockchain networks,” said Clayton Menzel, Head of Business Development at Babylon Labs. “This signifies a significant milestone in Bitcoin becoming the security bedrock of the decentralized world. Developers and users can now leverage the Bitcoin staking protocol and extend its benefits beyond single-chain ecosystems.”

A New Era of Bitcoin and Cross-Chain Innovation

While maintaining the BTC self-custody model, Babylon Genesis has built a transaction layer for proof-of-stake networks seeking robust security. The BABY token integrates into this ecosystem through a transparent governance framework, rewarding early participants and key contributors. By injecting Bitcoin’s stability and liquidity into a broader crypto ecosystem, Babylon Genesis is reshaping the landscape of decentralized finance (DeFi).

“Bitcoin's position as an institutional asset not only solidifies its value storage property but also allows it to play a critical role in on-chain innovation,” noted Georgios Vlachos, Co-Founder of the Axelar Protocol and Director of the Axelar Foundation. “This integration opens up new horizons for developers to freely build cross-chain applications and achieve groundbreaking use cases in the decentralized space — all validations ultimately anchoring back to Bitcoin as the original distributed ledger.”

A Decentralized Open-Source Interoperability Solution

As a leading decentralized open-source interoperability platform, Axelar serves as the ideal bridge for Babylon Genesis’s BABY token. Axelar provides battle-tested infrastructure, facilitating cross-chain transactions exceeding $110 billion in volume, connecting over 70 blockchains, and offering the Interchain Token Service to simplify cross-chain token management.

Axelar provides BABY Token with multiple use cases. Developers integrating Bitcoin-backed staking can leverage the following rich tools:

· Inter-Chain Token Service (ITS): One-click multi-chain token issuance and upgrade, achieving native cross-chain transfers and bidding farewell to traditional bridging solutions

· Inter-Chain Amplifier: Permissionless connection to any new blockchain or off-chain resource, with operations as simple as deploying a smart contract

Set Sail Now

Babylon Genesis and Axelar are committed to empowering developers, institutions, and users to unlock Bitcoin's full potential in cross-chain innovation.

Various Babylon ecosystem teams, including EtherFi, Kinza, Lorenzo, and Tower, have initiated Axelar integration development. Bridge channels will be live in a few days: Join Axelar's official Telegram Announcement Channel for real-time updates.

-- Price

About Axelar

Axelar is a Web3 cross-chain interoperability platform that offers the shortest bridging path—connecting an open technology stack across all blockchains. Adopters include Uniswap, Microsoft, and dozens of native multi-chain startups, with the Total Value Locked (TVL) surpassing $1 billion. Axelar provides a top-tier developer tool stack on an open, scalable, and secure cross-chain layer, backed by institutional investors like Binance, Coinbase, Dragonfly, Galaxy, and Polychain. Learn more at: axelar.network

About Axelar Foundation

The Axelar Foundation is a non-profit organization dedicated to supporting the development and adoption of the decentralized blockchain interoperability platform Axelar Network, which connects multiple blockchain ecosystems. Learn more at axelar.foundation.

About Babylon Labs

Babylon Labs focuses on the Bitcoin Security Sharing Protocol and aims to build a decentralized world securing Bitcoin. Its latest development is the world's first trustless, self-custodial Bitcoin staking protocol, allowing Bitcoin holders to stake BTC to other decentralized systems (e.g., PoS chains, L2, data availability layers) without the need for third-party custody, cross-bridge solutions, or wrapping services to earn staking rewards. This protocol aims to combine Bitcoin's high security and widespread adoption with the efficiency and scalability of PoS systems to enhance Bitcoin utility.

Learn more about Babylon's Bitcoin staking protocol developer, Babylon Labs:

Website | Twitter | Discord | LinkedIn

Media Contact

Karla Vilhelem

MarketWaves PR Director

karla@marketwaves.co (754) 215-4315

This article is contributed content and does not represent the views of BlockBeats.

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