Trustless Bitcoin Vaults

Singapore – October 07, 2026 -- Babylon Labs and HashKey Cloud announced an integration of Babylon's Trustless Bitcoin Vaults (TBV), enabling native Bitcoin-backed borrowing and yield services for institutional clients without wrapping, bridging, or centralized intermediaries.

TBV connects native Bitcoin to Ethereum lending liquidity via Aave v4

The integration allows Bitcoin holders to use native Bitcoin as collateral for borrowing through Aave v4, giving access to stablecoins and other supported assets while retaining title to the underlying asset. HashKey clients will be able to borrow against native Bitcoin and deploy the proceeds into yield strategies.