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21Shares and 21co Integrate Chainlink Proof of Reserve for 21BTC on Ethereum and Solana

21Shares and 21co have integrated Chainlink Proof of Reserve (PoR) on Ethereum and Solana to enhance transparency for 21BTC, their wrapped Bitcoin product
By: DeepNewz • September 23, 2024
21Shares and 21co Integrate Chainlink Proof of Reserve for 21BTC on Ethereum and Solana

21Shares and 21co have integrated Chainlink Proof of Reserve (PoR) on Ethereum and Solana to enhance transparency for 21BTC, their wrapped Bitcoin product.

This integration aims to provide the Ethereum and Solana ecosystems with assurances that 21BTC is fully backed 1:1 by Bitcoin. The move is seen as a key step towards building a reliable framework for tokenization, ensuring secure minting and transparency in the process.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

Chainlink

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