X @Bitget
Bitgetยท2025-08-20 09:34
Adoption of Chainlink Proof of Reserve - Bitget, a leading exchange with over 120 million users, has adopted the Chainlink Proof of Reserve on Ethereum to enhance transparency around its wrapped Bitcoin asset, BGBTC [1] - The adoption of Chainlink data standard on Ethereum brings enhanced transparency to BGBTC collateralization [1] BGBTC and DeFi - BitVaultFinance uses BGBTC in its DeFi yield strategies and as a collateral asset within its lending vaults [1] - Chainlink Proof of Reserve enables BitVaultFinance to strengthen the confidence and trust of its users [1] Assets and Monitoring - Bitget has over $8 billion in total assets [1] - Near real-time monitoring of BGBTC is enabled [2]