NexusBTC (nbtc)

NexusBTC (“NBTC”) is a wrapped Bitcoin token designed to facilitate cross-chain transactions within the decentralized finance (DeFi) ecosystem. The token is backed by a reserve of Bitcoin that exceeds a 1:1 ratio. This over-collateralization provides additional security and stability for users. NexusBTC enables users to participate in DeFi projects across various blockchain networks, allowing users to leverage their Bitcoin holdings to participate in yield-generating strategies while maintaining safe custody of the underlying asset.