Threshold Network is a DAO formed from the on-chain merger of the Keep Network and NuCypher, launched in January 2022. Its flagship product is tBTC, a permissionless 1:1 Bitcoin-backed token secured by a rotating set of independent node operators using threshold cryptography. Users can mint tBTC directly from native BTC and deploy it across Ethereum and multiple chains for DeFi activity. The T token serves as the governance and value accrual asset, enabling node staking and DAO voting.
