Crypto.com and 21.co have partnered together to provide crypto users access to Wrapped Bitcoin, a converted version of Bitcoin that can be utilized on decentralized networks based on Ethereum. 21.co, which is the parent company of 21Shares, which is the largest crypto exchange-traded products (ETPs) in the world, and Crypto.com, which is a Singapore-based crypto exchange and industry leader in regulatory compliance, will now provide higher liquidity to Wrapped Bitcoin for Solana and Ethereum.
“We are thrilled to integrate 21BTC with Crypto.com, enhancing user access to crypto and marking the starting point of a long-term, strategic partnership. As two leaders in digital asset innovation, know-how, and operations, the 21.co and Crypto.com partnership creates a powerful combination,” quoted Eliezer Ndinga, Head of Strategy and Business Development, Digital Assets at 21.co. 21.co Wrapped Bitcoin, or 21BTC is set to utilize Crypto.com’s cutting-edge technology and competitive fees to bring liquidity to its wrapped Bitcoin token.
Eric Aziani, the President of Crypto.com, also expressed his celebration, saying, “This partnership is a strong demonstration of how our exceptional liquidity can support the innovations of companies like 21.co and how Crypto.com is constantly aiming to serve our existing customers, 21.co is a proven global crypto company, driving innovation across multiple ETP, ETF, and tokenization projects. By coming together, we will offer retail and institutional crypto traders the liquidity solutions they need in the market of today and tomorrow.”
