21.co Teams up with Crypto.com to Enhance Bitcoin Liquidity
The partnership will improve 21.co’s wrapped tokens’ custody and liquidity options, beginning with wrapped Bitcoin (BTC). With wrapped tokens like 21BTC, users can “wrap” the original asset in a smart contract to use Bitcoin on other blockchains, like Ethereum. This enables users to engage with decentralized finance applications and profit from Bitcoin’s value. DeFi is […]
21.co Adds Chainlink Proof of Reserves for Wrapped Bitcoin
21.co, the parent company of 21Shares, uses Chainlink Proof-of-Reserve to make its wrapped Bitcoin more transparent. 21.co plans to utilize Chainlink’s proof of reserves service on the Ethereum and Solana mainnets, per a press announcement dated September 23. The integration aims to make reserves for 21.co’s wrapped Bitcoin, or 21BTC, more transparent. Early in September […]