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.
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