CKB Eco Fund, Cross-Chain Tokens and Meson Finance reached a tripartite strategic cooperation to facilitate the deployment and issuance of ccBTC on t
CKB Eco Fund has announced a strategic partnership with Cross-Chain Tokens (ccTokens) and Meson Finance to facilitate the deployment and issuance of ccBTC on the CKB main chain, introducing Bitcoin liquidity to the CKB mainnet. Matrixport subsidiary Cactus Custody will serve as the official custodian of BTC assets, ensuring careful management of the Bitcoin reserves supporting ccBTC. Leading cross-chain service provider Meson Finance will be the designated cross-chain bridge for CKB Eco Fund, officially launching on the CKB mainnet and supporting ccBTC to help users achieve cross-chain circulation of ccBTC assets on mainstream public chains and BTC Layer2. ccBTC is a token backed by a 1:1 Bitcoin reserve, which will use the features of Nervos CKB and RGB++ protocol to ensure the safe flow of BTC between Bitcoin ecosystems, enabling various DApps to use Bitcoin assets, such as in DEX, decentralized lending, algorithmic stablecoins and derivatives markets, as well as large-scale adoption scenarios such as Lightning Network and Nostr social protocol.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
MicroStrategy’s Stock Eyes $800: Technical Indicators Point to Potential Breakout

Optimism (SOP) Drops 70%: $0.25 Target Set After Breakdown

Trending news
MoreCrypto prices
More








