# FIP 54- FRAX + Citadel: Bringing BTC to Frax

**URL:** <https://gov.frax.finance/t/fip-54-frax-citadel-bringing-btc-to-frax/1192>\
**Category:** Token Swap / Seed funding\
**Created:** [April 14, 2022, 2:29pm UTC](https://gov.frax.finance/t/fip-54-frax-citadel-bringing-btc-to-frax/1192 "2022-04-14T14:29:23Z")\
**Posts on this page:** 1\
**Showing post:** 3

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**Author:** ![jonto](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/jonto/32/659_2.png) [@jonto](https://gov.frax.finance/u/jonto)\
**Post date:** [April 14, 2022, 7:42pm UTC](https://gov.frax.finance/t/fip-54-frax-citadel-bringing-btc-to-frax/1192/3 "2022-04-14T19:42:04Z")

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Yes, its essentially a BTC denominated treasury DAO with a focus on partnering with other DAOs in DeFi to build out strategies for deploying its assets.

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_[View the full topic](https://gov.frax.finance/t/fip-54-frax-citadel-bringing-btc-to-frax/1192)._