Bitcoin Capital Meets Programmable Credit: Inside Cap's Partnership with Bedrock

In this episode of The Cap Room, DeFi Dave sits down with Zhuling, CEO of Bedrock, to explore how Bedrock is building the institutional yield layer for Bitcoin capital — and why their partnership with Cap is one of the most structurally sound collaborations in on-chain credit.In this interview, we explore:- How Bedrock evolved from retail-focused Bitcoin liquid staking to institutional-grade yield infrastructure- Why Bedrock approaches credit markets with discipline over aggressiveness — and what that means in practice- How Cap's covered credit architecture unlocks something traditional DeFi lending protocols simply can't offer- What it means to be both a delegator and an operator on Cap, and how Bedrock plays both roles- The due diligence process behind delegating capital to operators- How Bedrock scaled from $1M to over $80M delegated in just a few months- What's coming: retail-accessible vaults, new operator strategies, and moreTIMESTAMPS00:00 Introduction to Bedrock and DeFi Innovations02:54 Bedrock's Evolution and Institutional Standards05:31 Navigating the Credit Space in DeFi08:09 Understanding CAP's Role in Credit Ecosystem10:39 Delegation and Operator Strategies in CAP13:16 Scaling and Future of Bedrock and CAP15:46 The Future of DeFi and Institutional Adoption🔗 Learn more about Bedrock: bedrock.technology🐦 Follow Bedrock on X: @bedrock_defi🔗 Learn more about Cap: cap.app🐦 Follow Cap on X: @capmoney_🐦 Follow DeFi Dave on X: @defidave22 This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thecaproom.substack.com