Strategic Investment: OpenPad x CopyCat
I. Partnership
We are pleased to announce a strategic investment partnership with CopyCat Finance, an innovative P2P derivative protocol supporting the BRC20 ecosystem and Bitcat DEX.
Together with Copycat Finance, we will explore #BRC20. 🤝
Why did we choose it? 👇
1️⃣ Backed by BinanceLabs.
2️⃣ Unique Rollup solution: Significantly reduces user transaction costs, opening up more possibilities for the development of the Bitcoin ecosystem.
3️⃣ Clear business model: Diverse product offerings, including perpetual contract products, on-chain option minting trading, synthetic assets in the form of BRC20, and other trading products.
II. Strategic Investment
But that is not all, we are also excited to share the news of our strategic investment in Copycat Finance.
After an in-depth analysis of their ecosystem and technical capabilities, we’re impressed by their potential. Valued at a whopping $60 million, we see a bright future ahead.
Recently, we have been closely following Bitcat. As a Bitcoin ecosystem Dex deeply incubated by BinanceLabs, Bitcat’s deployment of #brc20 demonstrates their foresight and strategic vision.
We believe the inscription track will become a trillion-dollar blue ocean market, and that’s a key reason we’re bullish on Bitcat. Beyond this, Bitcat’s product diversity and profitability are remarkable, fueling our high expectations for their growth trajectory.
CopyCat Social Channels:
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