Folks Finance Adds Support for cbBTC on Base
Folks Finance is pleased to announce the addition of Coinbase’s cbBTC to its cross-chain lending platform. Users can now deposit cbBTC, use it as collateral, and borrow against it on Folks Finance. This integration makes Folks Finance the first crosschain lending platform to support cbBTC on the Base blockchain.
By expanding asset support to cbBTC, Folks Finance continues to provide users with utility for the assets they request, offering diverse opportunities for lending, borrowing, staking, and trading across multiple chains. Access the platform at xapp.folks.finance to begin utilizing cbBTC.
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Folks Finance offers crosschain lending, borrowing, staking and trading across a range of elite blockchains. Folks is building a DeFi platform with the security and optionality of traditional finance on a foundation of transparency and decentralization, empowered by onchain tech.
Additional updates about xChain, incentive programs and opportunities relating to the launch will be shared on Folks’ social media. Be sure to follow the Folks X, join our Discord, and Telegram to stay updated with Folks Finance’s news.
