@BounceBit Launches Real-World Asset Pledge

@BounceBit $BB has launched xRWA, a brand new pledge primitive that directly incorporates tokenized real-world assets into the core of its Proof of Stake (PoS) consensus mechanism. Unlike traditional #RWA tokens that remain passive after tokenization, xRWA enables these assets to actively secure the @BounceBit network.

xRWA avoids bridging and custodians by using a trust-minimized mapping system, allowing users to verify asset ownership on the source chain. Verified assets are then issued as xRWA tokens—protocol-native staking assets that are compatible with forfeiture, rewards, and redemption functions, similar to liquid staking derivatives.

@BounceBit is the first native BTC staking chain in history, aiming to build a bridge between #DeFi and #CeFi by securing the network through staking Bitcoin and @BounceBit tokens.

#BounceBitPrime and $BB