Nimbus Capital Enters $15 Million Strategic Partnership with Chimera Wallet to Expand Bitcoin DeFi Infrastructure

BlockBeats News, February 18th, Nimbus Capital announced a $15 million strategic partnership with the Chimera Wallet, a non-custodial wallet built on Bitcoin's VTXO technology, aiming to expand decentralized finance (DeFi) capabilities within the Bitcoin ecosystem and drive the development of programmable financial tools on the Bitcoin network.

Both parties stated that this collaboration will integrate Bitcoin's underlying security with the Arkade layer's Bitcoin-based programmability to provide users with DeFi-related services including asset exchange, lending mechanisms, liquidity functions, fiat onramps, and payment integrations while maintaining self-custody of assets.

Chimera's Founder and Director, Claudio Levrini, stated that this partnership will combine financial expertise with Bitcoin infrastructure development with the goal of enhancing Bitcoin's practical use cases while ensuring self-custody of assets. Robert Baker, Managing Partner of Nimbus Capital, mentioned that this move will help drive further integration of Bitcoin in institutional and decentralized settings.

It is reported that through this collaboration, Chimera plans to accelerate product development, including globally promoting the Chimera Visa card to support BTC-to-fiat conversion, integrating digital gift cards and merchant gateway systems, enhancing liquidity and cross-chain interoperability, and developing user-facing features such as Swaps, yield-bearing products, and portfolio management.