Decentralized auction platform Bounce Brand announced the development of a Bitcoin collateral chain called BounceBit. Bounce Brand has also partnered with the MultiBit protocol, designating it as the exclusive official bridge for BounceBit and enhancing blockchain interoperability. In addition, BounceBit is committed to bringing a large number of applications to BRC 20 and the entire Bitcoin ecosystem, opening up new avenues for innovation and practicality within the Bitcoin industry.