Bitget Boosts BGBTC with Daily Rewards, Cross-Chain Tech
Bitget has upgraded its Bitcoin yield product, BGBTC, with new features to help users earn daily rewards and maintain access to their Bitcoin. The upgrade incorporates Chainlink's Cross-Chain Interoperability Protocol (CCIP) as the official cross-chain technology for BGBTC, enabling secure and transparent expansion across different blockchains.
The upgraded BGBTC also introduces a Curator framework, with Gauntlet serving as the first curator to oversee risk management and investment strategies. This adds an institutional-level layer of governance designed to strengthen risk management and support sustainable yield generation.
Bitget CEO Gracy Chen stated that 'the next stage isn't simply holding Bitcoin; it's making it productive.' The company aims to help users unlock more value from their digital assets through partnerships with companies like Chainlink and Morph, connecting traditional and decentralized finance while expanding the Bitcoin yield ecosystem.