21BTC on Solana gives you:
BTC that's native to Solana
No Lock-And-Mint technology
100% Backed by BTC
Institutional-grade security
Deep liquidity
Operational excellence
Here's what you need to know
21BTC is a native Solana token: 21BTC gives easy native access to Bitcoin on Solana similar to how Circle’s USDC integrates with many chains—no bridges.
No Lock-And-Mint technology: Bridges are known for vulnerabilities. Native access to BTC on Solana means better security—and true opportunities for self-custody.
100% Backed by BTC: All reserves are held 1:1 with third-party custodians.
Institutional-grade security: 21BTC is 100% physically collateralized, with underlying Bitcoin held in cold storage by third-party custodians leveraging multisig protocols.
Deep liquidity: As a crypto-native team, our trading relationships and capabilities ensure liquidity at scale.
Operational excellence: Minting and burning is facilitated through http://21.co/’s Onyx asset management operation protocol, which has successfully processed billions of order flow of our ETPs.
Source: 21.co/blog-articles/21-co-launches-wrapped-bitcoin-21btc-on-solana