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Bitget Boosts Trust with Chainlink Proof of Reserve

Summary by Globe Newswire
Bitget integrates Chainlink Proof of Reserve to ensure real-time, verifiable transparency for its wrapped Bitcoin asset BGBTC....

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Globe NewswireGlobe Newswire
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Bitget Boosts Trust with Chainlink Proof of Reserve

Bitget integrates Chainlink Proof of Reserve to ensure real-time, verifiable transparency for its wrapped Bitcoin asset BGBTC....

Key Points of the Transparency News: Bitget integrates Chainlink PoR to ensure that the BGBTC is always fully supported by Bitcoin, strengthening confidence after past exchange bankruptcies. Technology: Chainlink PoR uses cryptographic tests to match reserves with token supply, addressing an industry problem where many assets lacked sufficient backing. Industry Impact: The measure reduces counterpart risk for DeFi platforms and pushes the indust…

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The Record broke the news in Waterloo, Canada on Wednesday, August 20, 2025.
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