The Liquid Federation has announced the addition of nine new Bitcoin-focused members, expanding its global reach to a total of 73. 

The new members include Alby, Botev Plovdiv, Breez, Changelly, Daedalus Labs, Ditobanx, eNor Securities, Peach Bitcoin, and Spirit of Satoshi. These organizations span various industries such as L2 infrastructure, AI, and digital securities. 

Their addition is expected to introduce new applications in the coming months, enhancing the decentralization and security of the Liquid Network as its adoption grows within the Bitcoin ecosystem and beyond.

Dr. Adam Back, co-founder and CEO of Blockstream, the official technology provider to the Liquid Network, stated, “we are delighted to welcome nine new members to the Liquid Federation in what represents yet another sign of the Liquid Network’s pivotal role in shaping a decentralized future built on top of Bitcoin.”

The Liquid Network, conceived in 2014 by Dr. Adam Back, Andrew Poelstra, and other Blockstream cypherpunks, secures over $1.6 billion in assets and more than 5,000 Bitcoin ($290 million). 

Recent uses include Mifiel’s $1.2 billion digitized promissory notes and STOKR’s launch of the MicroStrategy Note, a tokenized security backed by Nasdaq-traded stocks.

Some of the new members include Peach Bitcoin, which plans to integrate Liquid to facilitate LBTC transactions and swaps between Lightning and Liquid using Boltz.

Spirit of Satoshi is developing a Bitcoin-centric large language model (LLM) to enhance Bitcoin education and adoption.

Additionally, Daedalus Labs aims to use Liquid for its RESIN initiative, which addresses the needs of the unbanked in the real estate market.

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