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bitRWA-bridge || Built at Chromion: A Chainlink Hackathon

A trust-minimized, compliant, and capital-efficient way to bring RWAs—like tokenized T-Bills (e.g., BlackRock’s $BUIDL)—to Bitcoin via Rootstock, enabled by Chainlink infrastructure, BitMask Wallet, and Ondo’s RWA stack. This unlocks native BTC yield and Bitcoin-based DeFi for institutional and retail market participants.

$ Multi - compliant RWAs USDY, OUSG
⛓️ Multi- chain deployment Ethereum, Avalanche, Rootstock (BTC)

Brridged to Bitcoin via Rootstock

Inspiration

As the founder of BitMask, I recently spoke with the RWA team at Franklin Templeton (who currently manage ~$741.5 million in tokenized assets ). We explored a simple but powerful question:

What if RWAs could be deployed or bridged directly to Bitcoin?

The gleam in their eyes said it all—and sparked a deeper dive into institutional appetite for this future. That exploration led us to this hackathon, where we’ve built a cross-chain RWA bridge using:

  • Chainlink CCIP, Functions, Chainlink Proof of Reserves, and Data Feeds
  • Ondo’s RWAHub contracts and Securitize’s KYC/AML stack
  • BitMask Wallet for seamless RWA access on Rootstock, Bitcoin’s smart contract layer

Together, these tools enable the compliant, programmable deployment of real-world assets on Bitcoin.

The Opportunity - Real-World Assets Meet Bitcoin

Global asset managers, corporate treasuries, and sovereign wealth funds already hold or want Bitcoin exposure. Tokenizing RWAs like U.S. Treasuries, real estate, and commodities on Bitcoin unlocks:

  • Global Access – Anyone, anywhere, anytime
  • Instant Settlement – Finality on Bitcoin’s secure rails
  • Programmable Finance – RWAs meet DeFi on BTC via Rootstock
  • BTC Yield Opportunities – Institutions earn yield, natively swapped to BTC
  • Bitcoin-Secured – Protected by over 80% of Bitcoin’s PoW hashpower via merge-mining
  • Lower & Predictable Fees – Rootstock gas costs are stable and significantly cheaper than Ethereum

This creates a zero-friction capital loop and unlocks trillions in institutional capital, with composability and compliance at its core.

Potential Market Impact and Revenue

If the tokenized RWA market reaches $1 trillion (a mid-range projection), Bitcoin capturing even 2–5% would represent $20–50B in assets.

  • At a 3% yield:

    ➤ $20B = $600M/year in yield on Bitcoin rails

  • With swap/bridge fees (~0.05–0.1%):

    ➤ $10–25M/year in protocol revenue


About BitMask

💎 → BitMask is a unique Bitcoin wallet and infrastructure that facilitates tokenization via smart contracts on Bitcoin. We support both RGB (Bitcoin native) and Rootstock (EVM compatible) smart contracts natively on Bitcoin.

  • We previously raised $2.5million and backed by Tim Draper of Draper Associates, Bill Tail and Amanda Terry of ACTAI, Jademont of Waterdrip Capital, Erez Kalir of Martial Eagle Fund in addition to many prolific investors.
  • Development grant from Rootstock Foundation

About Rootstock

Rootstock is Bitcoin’s EVM-compatible smart contract layer, secured by merge-mining. It enables DeFi and tokenized RWAs with Bitcoin-grade security.


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