{"id":37026,"date":"2026-03-02T15:04:03","date_gmt":"2026-03-02T15:04:03","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=37026"},"modified":"2026-03-02T15:04:03","modified_gmt":"2026-03-02T15:04:03","slug":"citrea-launches-foundation-to-advance-bitcoins-programmable-future","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=37026","title":{"rendered":"Citrea Launches Foundation to Advance Bitcoin\u2019s Programmable Future"},"content":{"rendered":"<p><a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><br \/>\n<img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/03\/Pics-10.jpg\" \/><br \/>\n<a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/news\/citrea-launches-foundation-bitcoins\">Citrea Launches Foundation to Advance Bitcoin\u2019s Programmable Future<\/a><\/p>\n<div><\/div>\n<p>Citrea, a Bitcoin application <a href=\"https:\/\/citrea.xyz\/\" data-type=\"link\" data-id=\"https:\/\/citrea.xyz\/\" target=\"_blank\" rel=\"noopener\">platform<\/a> backed by Founders Fund and Galaxy Ventures, announced the creation of the Citrea Foundation, an independent organization aimed at accelerating the growth and decentralization of Bitcoin\u2019s programmable ecosystem.<\/p>\n<p>The foundation will serve \u2018as the steward\u2019 of the Citrea Network, supporting open-source development, fostering community growth, and expanding access to Bitcoin applications focused on self-custody, <a href=\"https:\/\/bitcoinmagazine.com\/business\/citrea-launches-first-zk-rollup-on-bitcoin-enhancing-blockspace-capabilities\">privacy<\/a>, and capital market activity.<\/p>\n<p>Orkun Kilic, director of the Citrea Foundation and co-founder of Chainway Labs, said the initiative will guide research and ecosystem development to shape a future where interactions with Bitcoin rely on secure self-custody, privacy, and efficient capital markets.\u00a0<\/p>\n<p>Kilic said, in a press release sent to <em>Bitcoin Magazine<\/em>, that the foundation will provide the structure needed to enable builders and institutions to participate in the network while maintaining its decentralized principles.<\/p>\n<p>The foundation will fund cryptography research and infrastructure projects designed to create trustless bridges that remove reliance on external collateral or liquidity constraints.\u00a0<\/p>\n<p>It will also provide strategic support to developers and projects that expand Bitcoin\u2019s financial utility, offering grants and technical guidance to foster a broader ecosystem of capital-efficient applications.<\/p>\n<p>Murat Karademir, co-founder and COO of Chainway Labs, and an independent non-executive director based in the Cayman Islands join Kilic on the foundation\u2019s board.\u00a0<\/p>\n<p>The board is responsible for ensuring that the foundation\u2019s activities align with its mission to support decentralization while promoting a healthy and active developer community.<\/p>\n<p>The Citrea Foundation is positioned as a central element in Citrea\u2019s long-term goal of network decentralization.\u00a0<\/p>\n<p>By coordinating research, funding development, and engaging the community, the foundation intends to expand access to Bitcoin applications and reduce barriers for users seeking self-custodial and privacy-focused solutions.\u00a0<\/p>\n<p>Observers say the initiative signals a strategic push to strengthen Bitcoin\u2019s position as a programmable financial network capable of supporting complex capital market activity.<\/p>\n<p>Citrea itself operates as a Bitcoin application layer, providing institutions and individual users with tools to access Bitcoin capital markets while maintaining alignment with the network\u2019s security model.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Citrea mainnet<\/h2>\n<p>Back in January, Citrea <a href=\"https:\/\/bitcoinmagazine.com\/news\/citrea-launches-mainnet-to-bitcoin\">launched<\/a> its mainnet along with ctUSD, a U.S. dollar\u2013pegged stablecoin fully backed by short-term Treasuries, aiming to enable lending, trading, and other financial activity directly on the Bitcoin network.\u00a0<\/p>\n<p>The company said they seek to unlock the largely idle $1.2 trillion of Bitcoin that hasn\u2019t moved in over a year by providing compliant, on-chain capital market infrastructure.<\/p>\n<p>The platform has drawn investment from Founders Fund, Galaxy Ventures, Maven 11, Delphi Digital, Erik Voorhees, and Balaji Srinivasan, reflecting growing confidence in Bitcoin\u2019s evolving financial ecosystem.<\/p>\n<p>This post <a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/news\/citrea-launches-foundation-bitcoins\">Citrea Launches Foundation to Advance Bitcoin\u2019s Programmable Future<\/a> first appeared on <a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Citrea Launches Foundation to Advance Bitcoin\u2019s Programmable Future Citrea, a Bitcoin application platform backed by Founders Fund and Galaxy Ventures, announced the creation of the Citrea Foundation, an independent organization aimed at accelerating the growth and decentralization of Bitcoin\u2019s programmable ecosystem. The foundation will serve \u2018as the steward\u2019 of the Citrea Network, supporting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":37027,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[45],"tags":[],"class_list":{"0":"post-37026","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Citrea Launches Foundation to Advance Bitcoin\u2019s Programmable Future - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=37026\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Citrea Launches Foundation to Advance Bitcoin\u2019s Programmable Future - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Bitcoin Magazine Citrea Launches Foundation to Advance Bitcoin\u2019s Programmable Future Citrea, a Bitcoin application platform backed by Founders Fund and Galaxy Ventures, announced the creation of the Citrea Foundation, an independent organization aimed at accelerating the growth and decentralization of Bitcoin\u2019s programmable ecosystem. 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