{"id":39096,"date":"2024-10-07T15:33:42","date_gmt":"2024-10-07T15:33:42","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/21-co-taps-crypto-com-to-enhance-bitcoin-liquidity-for-21btc\/"},"modified":"2024-10-07T15:33:42","modified_gmt":"2024-10-07T15:33:42","slug":"21-co-taps-crypto-com-to-enhance-bitcoin-liquidity-for-21btc","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/21-co-taps-crypto-com-to-enhance-bitcoin-liquidity-for-21btc\/","title":{"rendered":"21.co taps Crypto.com to enhance Bitcoin liquidity for 21BTC"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/1660846274016-b4b1c9a6-16a4-47ed-9032-5bf0f33b5292-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/1660846274016-b4b1c9a6-16a4-47ed-9032-5bf0f33b5292-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/1660846274016-b4b1c9a6-16a4-47ed-9032-5bf0f33b5292-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/1660846274016-b4b1c9a6-16a4-47ed-9032-5bf0f33b5292-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>21.co and Crypto.com announced a strategic partnership aimed at bolstering liquidity for the wrapped Bitcoin token 21BTC.<\/li>\n<li>The partnership also aims at enhancing accessibility for the token.<\/li>\n<\/ul>\n<p>Crypto.com and <a href=\"https:\/\/coinjournal.net\/news\/21-co-reaches-2b-valuation-after-marshall-wace-led-round\/\">21.co<\/a>, the parent company of 21Shares, have announced a strategic alliance that will see the latter tap into the cryptocurrency exchange to enhance its Wrapped Bitcoin (21BTC).<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re excited to announce a new strategic partnership with <a href=\"https:\/\/twitter.com\/cryptocom?ref_src=twsrc%5Etfw\">@cryptocom<\/a> to enhance the liquidity and accessibility of 21BTC, enabling users to put their idle Bitcoin to work across multiple chains.<\/p>\n<p>\u201cWe are thrilled to integrate 21BTC with <a href=\"https:\/\/t.co\/Oavs5Ti3Ip\">https:\/\/t.co\/Oavs5Ti3Ip<\/a>, enhancing user\u2026 <a href=\"https:\/\/t.co\/dkySZr9IqI\">pic.twitter.com\/dkySZr9IqI<\/a><\/p>\n<p>\u2014 21.co (@21co__) <a href=\"https:\/\/twitter.com\/21co__\/status\/1843199883513323698?ref_src=twsrc%5Etfw\">October 7, 2024<\/a><\/p>\n<\/blockquote>\n<p>The two companies said in a <a href=\"https:\/\/www.21.co\/blog-articles\/21-co-and-crypto-com-announce-strategic-partnership\" target=\"_blank\" rel=\"noopener\">news release<\/a> on Oct. 7 that 21.co aims at using its partnership with <a href=\"https:\/\/coinjournal.net\/news\/tag\/crypto-com\/\">Crypto.com<\/a> to boost 21BTC\u2019s liquidity and adoption.<\/p>\n<blockquote>\n<p>\u201cAs two leaders in digital asset innovation, know-how and operations, the 21.co\u2013Crypto.com partnership creates a powerful combination,\u201d Eliezer Ndinga, Crypto.com head of strategy and business development, said. \u201cCrypto.com is one of the world\u2019s largest digital assets exchanges serving over 100 million users globally. As one of the world\u2019s largest issuers of crypto ETPs, 21.co brings asset management best practices and operational excellence to the world of wrapped assets.\u201d<\/p>\n<\/blockquote>\n<h2>Key partnerships for 21BTC<\/h2>\n<p>It\u2019s the latest collaboration within the crypto industry for 21.co, whose 21Shares is one of the leading issuers of crypto exchange-traded products.<\/p>\n<p>In September, the company announced integration with Chainlink for 21BTC. The new wrapped token launched in that allows users to access Bitcoin (BTC) on Ethereum. 21BTC leverages Chainlink\u2019s Proof of Reserve to offer transparency and real-time collateralization.<\/p>\n<p>21.co also partnered with Raydium, Solana\u2019s largest decentralized exchange to offer a 21BTC-JitoSOL pool. The token taps into Raydium\u2019s user base and platform total value locked for liquidity and adoption.<\/p>\n<p>Raydium dominates the Solana ecosystem with its hybrid liquidity model allowing traders to tap into deep liquidity via an automated market maker pool and central limit order book.<\/p>\n<p>21.co recently partnered with Kamino Finance, the largest DeFi protocol on Solana. Kamino has a total value locked of over $1.6 billion and offers access to borrowing, lending, and liquidity management products.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/21-co-taps-crypto-com-to-enhance-bitcoin-liquidity-for-21btc\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) 21.co and Crypto.com announced a strategic partnership aimed at bolstering liquidity for the wrapped Bitcoin token 21BTC. The partnership also aims at enhancing accessibility for the token. Crypto.com and 21.co, the parent company of 21Shares, have announced a strategic alliance that [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":39097,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/39096"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=39096"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/39096\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/39097"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=39096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=39096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=39096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}