BounceBit has announced its roadmap to democratize high-yield opportunities in Bitcoin investing by merging centralized and decentralized finance.

BounceBit, a new Bitcoin restaking startup backed by Binance, has unveiled its roadmap for 2024, outlining key aspects the project is planning to implement this year.

In a Medium blog post on May 20, BounceBit announced its intention to combine the structure and liquidity of centralized exchanges like Coinbase while building decentralized infrastructure for Bitcoin “as an asset, without altering its core technology.” The startup explicitly stated it will not launch a sidechain or layer-2 solution, saying “recent trends, like runes and BRC-20 tokens, seem to capitalize on temporary hype rather than addressing long-term needs.”

“You might …