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Starknet Launches Asset Runes to Bring Tokenized Assets to the Bitcoin Network

28 May 2025
in News
Reading Time: 3 mins read
104 5
Home News

Starknet has unveiled a major new feature called Asset Runes, designed to give Bitcoin users direct access to tokenized assets such as USDC without leaving the Bitcoin network.

Announced on May 27 via the project’s official X account, this innovation aims to bridge the gap between Bitcoin’s robust security and the diverse asset offerings typically found on Ethereum and other smart contract platforms.

1/ Introducing a brand new offering for Bitcoiners: Asset Runes.

Bitcoin-native assets giving you 1:1 exposure to real tokens, starting with USDC, and soon expanding to more tokens, NFTs, and RWAs.

Minted natively on Bitcoin, redeemable 1:1 on Starknet, with full reserves 🧵 pic.twitter.com/GGyq8cY05f

— Starknet 🐺🐱 (@Starknet) May 27, 2025

Building on this foundation, Asset Runes are fully backed by reserves, enabling users to redeem them at a 1:1 ratio. Currently, USD Coin (USDC) is the first supported token, with additional assets—including Starknet’s STRK, Ethereum (ETH), and Tether (USDT)—expected to follow. This expansion will significantly broaden the spectrum of available tokens within the Bitcoin ecosystem.

To support this functionality, Starknet employs a trust-minimized Bitcoin–Starknet bridge, secured by contributors such as Xverse and UTXO Management. This decentralized infrastructure enables two-way communication between Bitcoin and Starknet, effectively removing the need for centralized custodians. As a result, Bitcoin holders can now engage in Ethereum-style activities such as decentralized trading and DeFi applications, all while preserving Bitcoin’s core principles of security and decentralization.

This launch represents a milestone in enhancing Bitcoin’s adaptability. Historically, Bitcoin has focused on being a secure, decentralized store of value, but lacked support for external tokens. With Asset Runes, users can now interact with stablecoins and Ethereum-based assets directly from Bitcoin, unlocking new financial possibilities while remaining on-chain.

Further strengthening its position within the Bitcoin ecosystem, Starknet announced on May 14 a partnership with Lombard Finance to integrate LBTC, a leading liquid staking token for Bitcoin. This collaboration complements the Asset Runes launch by adding another layer of DeFi functionality tailored to Bitcoin users.

In parallel, the Starknet Foundation revealed a bold scalability roadmap on March 11, aiming to boost Bitcoin’s throughput from 13 transactions per second to thousands. This initiative underscores Starknet’s broader mission: to resolve Bitcoin’s programmability limitations and bring scalable, decentralized finance to the world’s most secure blockchain.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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