According to Techub News, CKB Eco Fund tweeted that it has reached a strategic cooperation with Cross-Chain Tokens (ccTokens) and Meson Finance to facilitate the deployment and issuance of ccBTC on the CKB main chain and introduce Bitcoin liquidity to the CKB main network. Cactus Custody, a subsidiary of Matrixport, will serve as the official custodian of BTC assets to ensure the careful management of Bitcoin reserves supporting ccBTC. Meson Finance, the leading cross-chain service provider in the Bitcoin ecosystem, will serve as the designated cross-chain bridge of CKB Eco Fund, officially launch the CKB main network and support ccBTC, helping users realize the cross-chain circulation of ccBTC assets on mainstream public chains and BTC Layer2.

ccBTC is a token backed by a 1:1 Bitcoin reserve. It will leverage the Nervos CKB and RGB++ protocol features to ensure the safe flow of BTC between the Bitcoin ecosystem, helping various DApps use Bitcoin assets, such as in DEX, decentralized lending, algorithmic stablecoins and derivatives markets, as well as large-scale adoption scenarios such as the Lightning Network and Nostr social protocol.