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@cabasa
Grayscale Launches Aave Fund “Grayscale Aave Trust gives investors exposure to a protocol with the potential to revolutionize traditional finance”
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Custodial bridges, however, use a centralised provider to manage asset transfers. These providers hold users’ BTC (Bitcoin) on the Bitcoin network and mint synthetic tokens, or wrappers, on destination chains like Ethereum. While easy to set up and maintain, custodial bridges introduce significant risk as they rely on a single trusted party, which becomes a point of failure.
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