The Hong Kong-listed company Boyaa Interactive strategically invests in BounceBit

ChainCatcher news, BounceBit announced on X that the Hong Kong-listed company Boyaa Interactive is making a strategic investment in it.

According to RootData, BounceBit is building a BTC re-staking infrastructure to provide a foundational layer for different re-staking products, secured by the regulatory custody of Mainnet Digital and Ceffu. The BounceBit Chain is designed as a showcase for re-staking products within the BounceBit ecosystem, functioning as a PoS Layer 1, where validators stake BTC and BounceBit's native token for protection—this is a dual-token system that leverages the security of native Bitcoin and is fully EVM compatible.