Omnity: Fusing Chains, Expanding Possibility

PLUS: U.S. Bancorp re-enters Bitcoin custody, Odell Beckham Jr.’s BTC salary grows past $1.2M, private firms reinvest 22% of profits into Bitcoin, and public companies now hold 3.64M BTC.

Author

Michael Stinson
September 05, 2025

Happy Friday, Maestros!

Welcome to a new edition of the Bitcoin Renaissance!

This week’s spotlight is on Omnity Network, an AI-powered protocol connecting Bitcoin and Ethereum with modular interoperability and cross-chain liquidity. On the adoption front, U.S. Bancorp relaunched Bitcoin custody with NYDIG, Odell Beckham Jr.’s BTC salary now tops $1.2M, private firms are reinvesting 22% of profits into Bitcoin, and public companies collectively hold 3.64M BTC (4.7% of supply).

In the past few weeks, we’ve released three major upgrades to our docs! Check it out here.

🚀 Featured Stories

U.S. Bancorp has relaunched its institutional Bitcoin custody offerings, working with NYDIG. This comes after regulatory adjustments allowed banks to resume handling crypto assets without balance sheet complications.

NFL star Odell Beckham Jr. converted his entire 2021 salary into Bitcoin via Cash App. Despite market dips, the BTC likely appreciates to over $1.2 million today, reinforcing the long-term wealth strategy for athletes.

Analysis from River shows that, in 2025, private businesses funneled an average of 22% of their profits into Bitcoin with real estate leading the pack among sectors adopting BTC as part of their balance sheet.

Public companies now collectively hold 3.64 million BTC (~4.7% of supply), highlighting a structural institutional shift and the solidification of Bitcoin as corporate reserve asset.

💡Spotlight: Omnity Network

Omnity Network is developing infrastructure to expand DeFi capabilities within the Bitcoin ecosystem. The project leverages Internet Computer Protocol's (ICP) Chain Fusion technology and Chain Key cryptography to create interoperability between Bitcoin and other blockchain networks. Their approach focuses on enabling programmable functionality for Bitcoin-based assets while maintaining connection to Bitcoin's base layer security.

🛠️ Key Features

  • Runes Exchange Environment (REE): A smart contract execution layer designed for Bitcoin Runes tokens. REE aims to provide programmable functionality for Runes without requiring users to wrap tokens or use non-Bitcoin wallets. The environment is built to be Turing-complete, enabling complex DeFi applications.

  • RichSwap AMM DEX: An automated market maker (AMM) decentralized exchange built on REE specifically for Runes tokens. The platform allows users to trade Runes tokens while maintaining custody of their assets. All trades are executed on-chain with rollback protection.

  • Cross-Chain Infrastructure: Omnity's hub connects Bitcoin, BRC-20 tokens, Runes, and various Layer-1 and Layer-2 networks including Ethereum Virtual Machine (EVM) chains, Solana, Cosmos, and ICP. The system uses light clients to facilitate cross-chain interactions.

  • Technical Foundation: The network utilizes ICP's Chain Key cryptography, which employs distributed ECDSA threshold signing. This approach distributes cryptographic operations across multiple nodes to avoid single points of failure when interacting with Bitcoin.

The Future

Omnity is paving the way for truly programmable and interoperable Bitcoin. With REE and RichSwap already live, the next frontier includes expanding BTCFi tools and patterns, think lending, staking, stablecoins, all native to Bitcoin and powered by composable smart contracts. Omnity is laying the groundwork for Bitcoin's DeFi revolution, bringing sophisticated programmability to Bitcoin's rock-solid Layer-1 security foundation.

Learn more here!

📣 Trending on X

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Anthony Pompliano created a chart that shows how the public perception of Bitcoin has morphed since 2024.

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