The token ccBTC, supported by a 1:1 Bitcoin reserve, has been launched on the CKB mainnet

ChainCatcher news, the token ccBTC supported by a 1:1 Bitcoin reserve has been launched on the CKB mainnet. ccBTC is managed by Cactus Custody, a subsidiary of Matrixport, which ensures meticulous management of the Bitcoin reserves backing ccBTC. Meson Finance, a leading cross-chain service provider in the Bitcoin ecosystem, has officially launched on the CKB mainnet as the designated cross-chain bridge for the CKB Eco Fund, supporting ccBTC and helping users achieve cross-chain circulation of ccBTC assets on mainstream public chains and BTC Layer 2. Before July 31, users can enjoy a free cross-chain experience through this bridge.

ccBTC will leverage the features of the Nervos CKB and RGB++ protocols to ensure the secure flow of BTC between the Bitcoin ecosystems, facilitating various DApps to utilize Bitcoin assets. Previously, the CKB Eco Fund 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, bringing Bitcoin liquidity to the CKB mainnet.