
A Native Bitcoin Layer2, building upon the native assets, protocols, and products on Bitcoin Layer1, to Make #Bitcoin Fun Again
Ordinals
Joined June 2023
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Introducing Institutional HODL+
Merlin Chain’s new paradigm for Bitcoin Treasury management — a compliant, secure, and yield-driven framework designed to transform BTC from a passive reserve into a productive institutional asset.
Holding Bitcoin without earning from it will eventually feel like owning gold that just sits in a vault.
@MerlinLayer2 is building the infrastructure to unlock Bitcoin's productive potential.
₿itcoin's oldest rule: don't trust, verify.
So we made M-BTC verifiable.
Merlin Proof of Reserve is live — every ₿TC backing M-₿TC, address by address, straight from Bitcoin L1.
Collateral ratio: 102.13%
Reserves: 5,818.61 ₿TC
Go check it yourself 👇
merlinbitcoin.org
BTCfi runs on trust. Trust should run on proof.
Today we're shipping Merlin Proof of Reserve: a live view of the Bitcoin sitting behind every M-BTC in the ecosystem.
Reserve addresses. Circulating supply. Collateral ratio. Refreshed on every page load, verifiable on Bitcoin itself.
merlinbitcoin.org
"Out of the active supply of 20.05 million BTC, only 311k (~1.5%) have access to any yield."
Latest from @castle_labs.
@MerlinLayer2 makes Bitcoin Fun Again.



