Celer is thrilled to announce an exciting new partnership with CoinMarketCap (CMC), one of the world’s most trusted cryptocurrency data platforms. This strategic collaboration marks a significant milestone in enabling seamless cross-chain liquidity for CoinMarketCap’s groundbreaking CMC20 Index DTF token – a digital index fund that provides diversified exposure to the 20 top-performing cryptocurrencies through a single token transaction.
At the core of this partnership, Celer is providing essential bridging infrastructure that unlocks critical liquidity pathways for multiple cornerstone assets within the CMC20 portfolio. Celer’s decentralized cross-chain bridging solution now supports the seamless transfer of three key tokens integral to the CMC20 composition: HYPE, TONCOIN, and MNT. These bridging capabilities represent far more than technical implementations – they are the foundational infrastructure that directly enables the accessibility, liquidity, and success of CMC20 token operations across multiple blockchain ecosystems.
This collaboration represents the convergence of infrastructure innovation and investment accessibility, demonstrating how established players in the crypto space can work together to reduce barriers and create new opportunities for both retail and institutional participants in the digital asset market.
Expanding Token Access for CMC20 Through BNB Chain Integration
As a fundamental component of this partnership between Celer and CoinMarketCap, Celer is supporting the bridging of the following token:
| Token Supported | Chains Supported |
|---|---|
| HYPE | From HyperEVM to BNB |
| TONCOIN | From TAC to BNB |
| MNT | From Ethereum to BNB |
In brief, Hyperliquid has gained tremendous traction in the crypto community with its unique zero-gas fee model and high-performance Layer 1 infrastructure primarily targeting DEXs for perpetual futures and spot trading. MNT serves as the native token and governance asset for Mantle Network, which emerged as a prominent modular Ethereum Layer 2 solution with its efficient scaling infrastructure, featuring significantly reduced transaction costs while maintaining institutional-grade security through its modular architecture. On the other hand, TON has established itself as a high-performance, scalable blockchain with capability of processing millions of transactions per second, featuring exceptionally low transaction fees and seamless integration with Telegram’s ecosystem. TONCOIN, as the native utility token, powers the network operations, validator staking, and an array of decentralized services.
Through our cBridge platform, these tokens could be transferred to BNB Chain, providing accessibility and liquidity for the rapidly growing DTF asset. The integration leverages Celer’s proven cross-chain technology, which already supports over 200 tokens across more than 50 blockchains with minimal fees and lightning-fast settlement times. cBridge’s State Guardian Network (SGN) ensures top-notch security standard compliance while maintaining the efficiency that supports frequent and large-volume transactions for regular users.
CoinMarketCap’s Revolutionary CMC20 Index DTF Token
This partnership comes at an opportune time as CoinMarketCap prepares to launch the CMC20 token, which is a groundbreaking financial product that mimics the index fund model in TradFi. The CMC20 represents a diversified basket of the top 20 performing cryptocurrencies in the market, offering investors exposure to a curated portfolio of high-potential digital assets through a single token purchase. CMC20 represents a significant advancement as it cuts down the unnecessary transaction cost, performs as a benchmarking indicator for retail users and lowers the hurdle for amateurs to start building their cryptocurrency investment portfolio.
What makes this particularly exciting is that HYPE, MNT and TONCOIN are among the carefully selected assets included in this innovative index fund token portfolio. The support from Celer for cross-chain bridging not only expands the accessibility of the aforesaid tokens to enhance the penetration rate of the fast-growing ecosystems, but also makes the CMC20 token practical. Celer’s State Guardian Network (SGN) offers excellent reliability and high-level security to process cross-chain messages without delay, ensuring each supported bridging transaction to be fast and secured.
The launch of CMC20 token also represents an important milestone in cryptocurrency investing, providing retail and institutional investors with a simplified way to gain diversified exposure to the crypto market’s most promising assets. Just as the S&P 500 allows traditional investors to invest in America’s top companies through a single fund, the CMC20 enables crypto investors to take advantage of the growth of multiple high-performing tokens without the complexity of managing a multitude of individual positions.
About Celer
Celer is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, privacy solutions and more across multiple chains. Developers can build inter-chain-native dApps using the Celer Inter-chain Message SDK to gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.
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About CoinMarketCap
Founded in 2013, CoinMarketCap is ‘Home Of Crypto’, the world’s most trusted source of crypto data, insights and community. CMC’s mission is to accelerate the crypto revolution by organizing the world’s crypto intelligence and making it easily accessible to all.
CMC is commonly cited by major news outlets including Forbes, Bloomberg and CNBC. Even the U.S. government uses CoinMarketCap’s data for research and reports.