Zug, 30th January, 2025 – Bitcoin Suisse has entered into a partnership with Chronicle Labs and announces the support of the Chronicle Protocol as a validator node operator. This partnership highlights Bitcoin Suisse’s dedication to fostering key infrastructure in the blockchain space, further enabling growth and innovation in the cryptocurrency ecosystems.
As a validator node operator Bitcoin Suisse will provide infrastructure for the secure and decentralized delivery of verifiable data feeds across blockchain networks, helping to ensure the integrity and reliability of crucial information in real-time for decentralized applications (dApps).
Originally part of Maker DAO, Chronicle was the first oracle on Ethereum and has exclusively secured more than $20 billion in assets for Maker DAO since 2017. As of 2023, Chronicle spun out from Maker DAO as a separate entity and is the second-largest oracle by total value secured and the largest oracle for real-world assets (RWA).
Joining a Cross-Section of Leading Blockchain Protocols and Organizations
Bitcoin Suisse is joining a selection of leading blockchain protocols and organizations already part of Chronicle’s decentralized oracle network. These include some of the most reputable companies in the industry, such as Infura, Gnosis, dYdX, Etherscan, and Gitcoin.
Andrej Majcen, CEO and Co-Founder of Bitcoin Suisse, stated: “This partnership with Chronicle aligns with our vision of backing key infrastructure in the blockchain space and fostering the ecosystem's acceleration to its full potential. Chronicle is well-positioned for further growth, and we are excited to support its efforts while promoting them as a Zug-based project on an international stage, alongside industry-leading validators.”
With a long history of innovation, Chronicle continues to redefine oracle networks. As a blockchain-agnostic protocol, Chronicle overcomes the limitations of transferring data on-chain by developing the first truly scalable, cost-efficient, decentralized, and verifiable oracle, effectively rewriting the rulebook on data transparency and accessibility.
Expanding Bitcoin Suisse’s Role in Blockchain and DeFi
Bitcoin Suisse continues to push the boundaries of blockchain technology by offering cutting-edge services, including trading, custody, staking, and lending solutions. With this partnership, Bitcoin Suisse underscores its dedication to supporting developments in decentralized finance and continues to actively shape the future of digital assets.
“Chronicle’s unique approach to data integrity and oracle technology is fundamental to the future of decentralized applications, and we are excited to help enhance the ecosystem's security and transparency,” said Niklas Kunkel, Founder of Chronicle, adding, “This collaboration is another testament to Bitcoin Suisse’s ongoing efforts to build and support the infrastructure that drives the crypto revolution.”
About Chronicle Labs
Chronicle, the original oracle on Ethereum, is a novel, blockchain-agnostic Oracle solution that has exclusively secured up to $20B in assets for MakerDAO and its ecosystem since 2017. Chronicle’s mission is to deliver on DeFi’s vision of transparency and decentralization. To solve the tradeoffs between security, decentralization, and cost, Chronicle spearheaded a breakthrough in Oracle network architecture by developing Scribe, an extremely gas-efficient Oracle based on aggregated Schnorr signatures. In doing so, Chronicle is raising the industry standard for Oracles by delivering more security, more transparency, and more resilience, at a lower cost.
