March 6, 2020 Provable Things launches a liquidity solution bridging Bitcoin and Ethereum.

The decentralized finance (DeFi) industry has seen a new interoperable liquidity solution go live. On Thursday, Provable Things stated that pTokens were live on Ethereum and that Kyber Network and Bancor would be facilitating cross-chain support with Bitcoin. The new token allows owners of Bitcoin to mint pBTC tokens which can be used within the Ethereum ecosystem, including the growing set of DeFi protocols. Bitcoin’s liquidity has long been a target for Ethereum DeFi protocols while Provable Things is also working on further interoperability with Litecoin and EOS.