Bitcoin’s Liquid Network Gains Six New Federation Members

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Bitcoin infrastructure company Blockstream said in a statement sent to Bitcoin Magazine that six new members have joined the Liquid Federation, the cohort of financial institutions that underpins the Bitcoin sidechain’s consensus mechanism.

Bitmatrix, Digital Markets (DIGTL), GMO Coin, Mempool, Specter, and Zaprite are now part of the 63-member group of functionaries.

“The Liquid Network continues to experience steady growth through adoption by a broad-spectrum of financial platforms and providers,” said Samson Mow, CSO at Blockstream, per the statement. “Liquid-native security tokens and STO infrastructure developed by Federation members will be instrumental in the reformation of traditional capital markets and the transition to a more frictionless, peer-to-peer financial system.”

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