Hinode Technologies, a joint venture between Gumi Inc. and TIS Inc., has entered into a strategic partnership with New York-based blockchain firm Botanix Labs.
The collaboration aims to explore new applications of Bitcoin across decentralized applications (dApps) and blockchain infrastructure. As part of the alliance, Hinode plans to engage with dApps built on the Botanix network and contribute to network operations by running a validator node.
This move will support transaction validation and help strengthen the security and decentralization of the Botanix ecosystem.
Botanix Labs is known for developing Spiderchain, a Layer 2 protocol built on the Bitcoin network. Unlike traditional blockchain bridges, Spiderchain uses a decentralized network of randomly selected nodes to manage multi-signature wallets. This design allows Bitcoin (BTC) to be securely locked and issued as “stBTC” on the Botanix chain.
stBTC holders are eligible to earn a share of transaction (gas) fees as rewards, effectively introducing one of the first Bitcoin-native yield mechanisms. The model offers both security and scalability without compromising Bitcoin’s core principles.
Alisia Painter, co-founder of Botanix Labs, said, “The gumi Group has a strong history in blockchain, from operating validator networks to supporting next-generation applications. This partnership helps prove that Bitcoin-based yields can be reliable, scalable, and accessible to institutions worldwide.”
Yasushi Teramura, CEO of Hinode Technologies, commented, “We see BTC as a strategic asset and are committed to finding new ways to use it. Our parent company gumi demonstrated this belief through its 1 billion yen BTC investment earlier this year.”
“Botanix is a pioneering project that aligns with our vision, and we look forward to expanding its use in Japan and beyond,” said in addition.
The partnership highlights increasing momentum to extend Bitcoin’s utility into the DeFi landscape and institutional finance.