🚀 Breaking news in the crypto world! 🚀

21.co, the parent company of 21Shares, has announced a strategic partnership with Crypto.com.

🔹 Improving liquidity and custody solutions for 21.co’s wrapped tokens, starting with wrapped Bitcoin (BTC).

🔹 Wrapped tokens like 21BTC allow Bitcoin to be used on other blockchains like Ethereum (ETH) via smart contracts.

🔹 This allows users to interact with decentralized finance (DeFi) applications while preserving the value of Bitcoin.

Benefits of the partnership:

- Crypto.com will provide liquidity to support 21BTC tokens.

- Competitive fees and cutting-edge trading technology from Crypto.com.

- Improving accessibility to cryptocurrency for users.

Eliezer Ndinga, Head of Strategy at 21.co, noted the importance of the integration with Crypto.com as a key step to improve accessibility of cryptocurrencies.

The future of the partnership:

- The companies plan to further expand their cooperation.

- The growth in demand for crypto products is driving improved liquidity for retail and institutional traders.

💬 Share your thoughts in the comments! How do you think this partnership will impact the crypto market?