Bitlocus aims to simplify the crypto space for fiat users by offering products that automatically convert between fiat and crypto assets. This allows users to participate in DeFi without the need for a cryptocurrency wallet or facing technical barriers. Users can easily access selected DeFi protocols with either fiat or crypto, thanks to Bitlocus' user-friendly and hassle-free system. Bitlocus services include a crypto exchange, DeFi staking, lending and farming platform with fiat access to selected DeFi protocols, NFT minting self-service, and a crypto-as-a-service platform for business clients. The native utility token of Bitlocus, BTL, empowers the ecosystem and offers benefits such as better DeFi interest rates, better BTL staking rates, fee discounts for business clients, and exclusive access to additional features and services.

Despite the challenges faced, Bitlocus managed to limit its exposure to the Terra crash and experienced only minor losses related to liquidity provided for Terra blockchain (BTL/UST). The team continuously builds and improves the platform, quickly adapting to market changes. The token supply, originally on Terra, was immediately bridged to BSC and Ethereum.

Bitlocus Ltd was incorporated in 2018 in the UK, and Bitlocus LT, UAB was established in Lithuania in 2019. The CEO and co-founder of Bitlocus is Andrius Normantas, an experienced entrepreneur, manager, developer, and professional cryptocurrency trader with over 15 years of working experience in the finance field. Key team members include Tadas Varanauskas, the chief technology officer with expertise in blockchain development, Dennis Steenbergen, the head of sales with a strong background in international sales and e-commerce, Anna Balzaretti, a sales manager with B2B sales and communication experience, Mantas Pakstys, an analyst specializing in cryptocurrencies and economics, Ruta Miseikyte, a product manager with extensive experience in the financial field, Andrius Kamarauskas, an experienced full stack developer, and Matas Ramanauskas, a developer skilled in TypeScript, Node.js, and React.

BTL can be traded on Bitlocus exchange, Gate.io, and PancakeSwap.