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Celer Announces cBridge Bridging Support for BRC-20 Tokens

Twitter icon  •  Published 2 years ago on January 5, 2024  •  Hassan Maishera

The Celer Network announced via a blog on Wednesday that its cBridge is expanding support for the BRC-20 token bridge.

Celer Announces cBridge Bridging Support for BRC-20 Tokens

The Celer Network announced via a blog on Wednesday that its cBridge is expanding support for the BRC-20 token bridge. This latest development means that Celer is now connecting the Bitcoin network to the EVM ecosystem seamlessly.

Users will be able to perform cross-chain transfers between BRC-20 and ERC-20 tokens across the Bitcoin network and EVM Chains. Celer said its cBridge is paving the way for a more interconnected and efficient digital asset ecosystem.

Celer Network is an interoperability platform that supports cross-chain fund transfers and generic message passing. CELR, the native token of Celer Network, is down by 3% in the last 24 hours and is currently trading at $0.02081.

 

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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