XT Exchange Partners with BiHelix to Support RGB Protocol and Lightning Asset Issuance

The collaboration aims to advance Bitcoin-based asset issuance infrastructure, with an RGB-focused livestream and $300 XT airdrop set for September 17.

BTC

Summary

Crypto exchange XT has announced full integration of the RGB protocol and Lightning Network asset issuance, entering a strategic partnership with Bitcoin infrastructure developer BiHelix. The RGB protocol enables diverse asset issuance and management on Bitcoin with enhanced security. The initiative seeks to expand Bitcoin’s utility beyond a store of value by improving infrastructure and fostering application innovation. XT and BiHelix will host an RGB-focused livestream on September 17 at 19:00 (UTC+8), with a $300 XT token airdrop for participants.

Terms & Concepts
  • RGB Protocol: A smart contract and asset issuance protocol built on top of Bitcoin, enabling diverse and secure asset management while leveraging Bitcoin’s blockchain for settlement.
  • Lightning Network: A layer-2 scaling solution for Bitcoin that enables faster and lower-cost transactions by processing payments off-chain.
  • Asset Issuance: The process of creating and distributing digital tokens or assets on a blockchain network.