While Bitcoin surged past $120 k this week, the wider Bitcoin-eco narrative has slipped out of the spotlight. Yet builders are still shipping. Merlin, one of the earliest BTCFi pioneers, invited Odaily for a wide-ranging chat with founder Jeff.Why Merlin Jumped Into BTCFi Before Anyone ElseOdaily: Early 2024 was rough—people accused Merlin of faking TVL, copying Ethereum L2s, and using unsafe custody. Why dive in so early? Jeff: Timing. Ordinals and Runes were exploding; holders wanted yield ...

While Bitcoin surged past $120 k this week, the wider Bitcoin-eco narrative has slipped out of the spotlight. Yet builders are still shipping. Merlin, one of the earliest BTCFi pioneers, invited Odaily for a wide-ranging chat with founder Jeff.Why Merlin Jumped Into BTCFi Before Anyone ElseOdaily: Early 2024 was rough—people accused Merlin of faking TVL, copying Ethereum L2s, and using unsafe custody. Why dive in so early? Jeff: Timing. Ordinals and Runes were exploding; holders wanted yield ...