21Shares' parent company launches a series of wrapped tokens including BTC and XRP
ChainCatcher news, the crypto ETP issuer 21Shares' parent company 21.co has launched eight wrapped tokens, including BTC, BNB, XRP, ADA, etc., aimed at expanding the adoption of DeFi. 21.co stated that, like other products, its wrapped tokens are also built on its proprietary operating system Onyx.
Wrapped tokens achieve cross-chain compatibility, allowing assets like Bitcoin to run on Ethereum and be used for DeFi, which enhances cross-chain liquidity and expands the utility of crypto assets.
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