Sundial Partners with Appold

Sundial is pleased to announced a partnership with Appold, who also have obtained a Founding stake in the protocol, a move set to bring compliant Bitcoin yield infrastructure to the forefront.

This collaboration follows a historic technical milestone: The world’s first bridgeless cross-chain Bitcoin transfer between Bitcoin and Cardano blockchains, successfully executed in May 2025, enabled by Sundial’s infrastructure and partnerships. Sundial Protocol is a programmable layer for all UTxO Chains, allowing Bitcoin holders to generate yield and decentralised finance (DeFi) ecosystems to be built on top of Bitcoin. This infrastructure is designed to enable a new phase of Bitcoin utility.

Recently named “Blockchain Advisory Firm of the Year”, Appold will provide strategic guidance and operational support to ensure that Sundial scales rapidly with robust governance and meets the requirements of institutional users. The transaction was undertaken through Appold’s principal-investment technology division.

“We’re building infrastructure to unlock a new phase of Bitcoin yield which is secure, programmable, and accessible,” said Sheldon Hunt, CEO of Sundial Protocol. "Appold brings the expertise to ensure we grow with strong governance and institutional credibility.”

“The demand for trusted, compliant Bitcoin infrastructure is rapidly growing,” added Robert Gaskell, Founder & Partner at Appold. “Sundial’s approach combines innovation with the institutional standards that markets now expect.”

As digital asset ecosystems evolve, strategic partnerships between blockchain technology companies and blockchain advisory firms are essential in bridging the gap between DeFi innovation and traditional financial markets.