According to @CryptoMichNL, MNCapital_vc has made a strategic investment in BitlayerLabs, the first BitVM bridge designed to leverage Bitcoin DeFi, signaling a strong belief in the potential of decentralized finance on the Bitcoin network. The announcement also includes a major partnership with the $SUI ecosystem, indicating cross-chain collaboration and increased liquidity opportunities. Traders should note that this move could drive significant capital and developer activity into Bitcoin DeFi, potentially influencing Bitcoin price action and related DeFi tokens. Source: @CryptoMichNL on Twitter, May 19, 2025.