Stacks Foundation announced the partnership of Asymmetric Research within the Stacks ecosystem as a security partner for Bitcoin L2. Asymmetric is already auditing the new sBTC asset and has joined the Stacks signatory network.
Asymmetric Research has experience working with projects such as Wormhole, Solana, and Cosmos. Within the Stacks ecosystem, it will ensure the security of BTC and sBTC deposits and withdrawals, enhancing the security of transferring Bitcoin to the L2 ecosystem.
The release of sBTC at the end of the year is expected to open up new opportunities for decentralized finance on Bitcoin.