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Swiss Partnership Launches New Bitcoin-Backed tzBTC Token on Tezos Blockchain

The new tzBTC token from the Tezos Foundation and the Bitcoin Association Switzerland is promised to bring more access to both networks.A few firms including the Bitcoin Association Switzerland (BAS) and the Tezos Foundation have announced that a new token will be launched soon. The new token is called tzBTC, and is backed 1:1 to Bitcoin, on the Tezos blockchain.The partners have also said that tzBTC will be the first vehicle for decentralized finance (DeFi) on the Tezos blockchain.Speaking...

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