Interlay

Basics

• Interlay is a development team closely associated with Polkadot.

Projects

Kintsugi

• Fka PolkaBTC
• From this bridge blog (21-4-2022):

"Interlay launched Kintsugi, the first trustless Bitcoin bridge on Kusama, Polkadot’s canary network. Polkadot will have its own very soon. Interlay’s wrapped Bitcoin ($kBTC) is very similar to Maker’s $DAI. It’s algorithmically pegged to $BTC and secured by a decentralized network of vaults, a multi-collateral system, and cross-chain cryptography. This familiar collateral-backed vault leverages Polkadot’s shared security model and Bitcoin’s classic security model."

Team, Funding, Partners

• Joined MAMA (27-10-2020).
• Founding member of the Polkadot Alliance (29-11-2022), which, interestingly enough, does not include Polkadot itself.