iBTC Expands Bitcoin Liquidity on XRPL Through Partnership with Flowdesk

Enabling High-Volume Bitcoin Trading on XRPL Through Institutional Market-Making

Author

Prateek Ranka
March 24, 2025

iBTC, the only native Bitcoin Layer 1 wrapper designed for institutional-grade DeFi, is partnering with Flowdesk, a leading liquidity provider and OTC trading firm, to enhance liquidity for iBTC on the XRP Ledger (XRPL). This collaboration will enable more efficient trading, optimize institutional liquidity provision, and support proprietary trading firms in executing high-volume Bitcoin transactions.

Strengthening Bitcoin Liquidity on XRPL

As iBTC expands its presence on XRPL, Flowdesk will play a key role in optimizing liquidity for iBTC trading pairs. By leveraging XRPL’s Automated Market Maker (AMM) pools and central order book, Flowdesk’s market-making expertise will improve price stability and execution efficiency.

Key highlights of the collaboration:

  • Initial Trading Pairs: iBTC/XRP and iBTC/RLUSD will be the first liquidity pairs, with potential expansion to additional pairs over time.

  • Market Depth & Stability: Flowdesk’s algorithmic trading strategies will reduce slippage and enhance liquidity efficiency.

  • Capital Efficiency: Flowdesk will structure liquidity provisioning models that consider impermanent loss and capital requirements.

  • Broader Market-Making Potential: iBTC is exploring Flowdesk as a second market maker across multiple chains and multiple liquidity pools.

How It Works

This integration enables users to trade iBTC efficiently on XRPL via both AMM pools and order book mechanisms. Flowdesk’s contributions include:

  1. Providing liquidity to XRPL’s decentralized exchange and AMM pools for iBTC/XRP and iBTC/RLUSD.

  2. Deploying capital strategically to optimize liquidity provisioning.

  3. Mitigating impermanent loss through hedging strategies on centralized exchanges.

  4. Facilitating smooth cross-chain swaps between Bitcoin and XRPL-native assets.

Expanding DeFi Adoption

iBTC aims to expand iBTC’s presence beyond XRPL, targeting multiple chains and starting liquidity pools on them. The initiative seeks to bring deep liquidity to chains such as Arbitrum, Base, Optimism, and Polygon. Flowdesk sees potential for economies of scale as iBTC adoption grows across multiple networks.

Conclusion

The partnership between iBTC and Flowdesk marks a significant step in expanding Bitcoin’s role in decentralized finance. By leveraging Flowdesk’s market-making expertise and XRPL’s efficient trading infrastructure, iBTC aims to provide deep liquidity, lower trading costs, and enhance the accessibility of Bitcoin within DeFi ecosystems.

The collaboration lays the foundation for long-term growth, with plans to expand across multiple chains and liquidity pools. With an ambitious roadmap ahead, iBTC continues to drive innovation in Bitcoin finance, ensuring that users benefit from secure, efficient, and decentralized financial services.

About iBTC

iBTC Network's decentralized wrapped Bitcoin is a safer way to access DeFi with your Bitcoin. iBTC is backed by a network of leading node operators and merchants who self-wrap BTC into vaults on Bitcoin Layer 1 to provide liquidity to the iBTC Network. The merchant's signature on the multisig vault prevents network misuse without user consent, making iBTC the most secure wrapped BTC token.

iBTC can be acquired by individual users by swapping for it on popular decentralized exchanges such as Curve, Uniswap, and Balancer. Institutional users, on the other hand, can swap into iBTC through a trusted merchant in the iBTC network or mint iBTC following KYB.

Join us as we make BitcoinFi safe again. Follow our socials and become part of the iBTC community:

About Flowdesk

Founded in 2020, Flowdesk is a leading liquidity provider and OTC trading firm. We combine deep financial and crypto expertise with algorithmic trading and our proprietary trading platform to connect digital assets to global liquidity. Our technology is engineered to bring control and transparency to digital asset markets. Flowdesk operates globally with offices in France, Singapore, and the U.S.

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