According to BlockBeats, on July 24, CKB Eco Fund announced a strategic partnership with Element to fully support the RGB++ Layer on the Element platform. This collaboration aims to advance the BTC ecosystem and inject new momentum into the CKB digital asset DOB ecosystem.
The RGB++ Layer, a new asset issuance layer for Bitcoin, extends homomorphic binding, smart contract capabilities, and bridge-free cross-chain functionality to all UTXO chains. This development is expected to drive the rise of Bitcoin finance (BTCFi) and the broader Bitcoin ecosystem. Element's comprehensive support for the RGB++ Layer will enable developers and users to more easily create and manage various RGB++ assets on the CKB chain, further promoting the growth of the digital asset DOB ecosystem.