Babylon and Pell Network have reached a cooperation to jointly promote BTC Restaking and Decentralization verification services.

BlockBeats news, on September 28th, according to official sources, Babylon Labs has reached a partnership with Pell Network, and Pell Network will integrate Babylon’s Euphrates development network. This move will leverage Babylon’s Decentralization infrastructure to further enhance Pell’s end-to-end trust network’s encryption and economic security. The two parties will unleash the new potential of BTCFi through Decentralization infrastructure and BTC Restaking, enhance Pell’s end-to-end trust network’s encryption and economic security, and further drive the development of Decentralization Validation Services (DVS), consolidating the integrity and scalability of the BTC ecosystem. This partnership is expected to bring more innovation and security guarantees to the BTC ecosystem. According to official sources, Pell Network will launch a testnet interaction Airdrop activity in October.