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Bitcoin․com Announces Strategic Partnership with Poly Network – Press release Bitcoin News

Bitcoin․com Announces Strategic Partnership with Poly Network – Press release Bitcoin News

Join the Verse public token sale now and purchase VERSE tokens using BTC, BCH, ETH and USDT/USDC. Sale closes Dec 1 at 0:00 UTC.

Bitcoin.com, a digital ecosystem that offers secure self-custody solutions for users to easily interact with cryptocurrencies, has formed a mutually beneficial strategic partnership with Poly Network to support Bitcoin.com’s Verse ecosystem.

Poly Network is a decentralized and trustless interoperability protocol for heterogeneous blockchains, which has so far integrated support for over 130 tokens.

Verse is Bitcoin.com’s ecosystem token that will launch following the public sale, currently live at getverse.com. Verse will fuel the growth and expansion of Bitcoin.com’s ecosystem, which includes over 35 million self-custody wallets created in its multi-chain DeFi-ready mobile app, and an award-winning news portal with over 2.5 million monthly readers. Verse will provide access to exclusive platform services and act as the cornerstone for new initiatives, ultimately expanding access to decentralized technologies and finance. By interacting with the Verse DEX, staking VERSE, receiving cash back in VERSE, and using the VERSE token as collateral in various lending pools, Bitcoin.com’s millions of users will be able to take full advantage of their time spent engaging with the platform.

With the support of Poly Network, multiple application scenarios are enabled for VERSE to be used as an asset throughout DeFi. These application scenarios include DEX trading, lending, and liquidity mining across various heterogeneous blockchains and within Layer 2 ecosystems.

“Poly Network is one of the best bridges, enabling transfer of both tokens and NFTs across multiple networks with no gas fees,” said Dennis Jarvis, CEO of Bitcoin.com. “This strategic partnership is not only an effective means of increasing the utility and liquidity of VERSE, but an expression of support for Verse’s mission to enhance economic freedom.”

John Wang, Poly Network’s founding member commented, “Verse will fuel Bitcoin.com’s already successful ecosystem of crypto products. Those products are self-custodial, multi-chain, and DeFi-centric, which we are firm believers in. Poly Network hopes to lay a solid interoperability foundation to ensure the whole ecosystem will be vibrant and thrive.”

Bitcoin.com’s Dennis Jarvis added, “We’re looking forward to exploring additional future collaborations between Bitcoin.com,…

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