BitGo Partners with LayerZero to Boost WBTC Interoperability Across BNB and Avalanche Chains

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BitcoinWorld 13h ago

BitGo Partners with LayerZero to Boost WBTC Interoperability Across BNB and Avalanche Chains - BitcoinWorld

Quick Summary:

BitGo Partners with LayerZero to Boost WBTC Interoperability with LayerZero: In a significant development for the cryptocurrency space, BitGo, a leading digital asset custody firm, has selected LayerZero, a cross-chain messaging protocol, as the interoperability provider for Wrapped Bitcoin (WBTC).

This will allow WBTC holders to move their tokens between these chains effortlessly, expanding the use cases and liquidity of WBTC in new DeFi markets.

As DeFi continues to grow, interoperability will play a key role in ensuring that assets can flow freely and securely across multiple platforms, reducing fragmentation and increasing overall liquidity in the market.