According to BlockBeats, the total value locked (TVL) in Bitcoin re-pledged on the BounceBit public chain has reached $1.014 billion as of April 21. This includes $796 million worth of Bitcoin and 87.63 million USDT among other assets. The BounceBit public chain has seen a significant increase in the value of Bitcoin and other digital assets being re-pledged on its platform. This development indicates a growing trust in the platform's security and efficiency among digital asset holders. The re-pledging of Bitcoin and other digital assets on public chains like BounceBit is a common practice in the digital asset market. It allows asset holders to leverage their holdings for various financial activities while maintaining ownership of their assets.