#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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The multi-chain settlement protocol Cycle Network officially launched Liquidity Hub, starting the first round of Airdrop before TGE.
ChainCatcher News, multi-chain settlement protocol Cycle Network announced the official launch of Liquidity Hub, and simultaneously launched the first round of Pre-TGE airdrop incentive program, 20% of TGE CYC circulation will be exclusively distributed to early liquidity providers. By staking USDC or USDT to inject liquidity into the Liquidity Hub, users can not only obtain stable income, but also automatically obtain CYC short-term investment qualifications. The platform adopts mechanisms such as single pool capping and fair scoring, giving priority to protecting the rights and interests of early participants and retail investors. Cycle Network is committed to building a Web3 native unified multi-chain settlement layer. The mainnet integrates the Symbiotic re-staking security mechanism, with a current total TVL exceeding 400 million USD, ranking in the top three across the entire network. The project's vision is to become the Visa of Web3—packaging fragmented liquidity across blockchains into an underlying protocol, allowing funds to flow naturally across multiple chains as if swiping a card, without requiring users to be aware of the existence of chains.