21.co, the parent company of 21Shares a crypto service provider, launched 21BTC, a native Bitcoin asset on the Solana blockchain

This wrapped token is 100% backed by Bitcoin (BTC), with reserves held by a third-party custodian on a 1:1 basis. According to 21.co, 21BTC on Solana offers:

•Better security without the Lock-And-Mint technology

•100 percent physically collateralization

•Deep liquidity and

• Operational excellence.