Crypto Briefing reports that Pendle has unveiled a new BTC asset named eBTC. This asset is backed by EtherFi’s Bitcoin LRT vault and is designed to collaborate deeply with the decentralized finance platform Symbioticfi for restaking operations. Through this innovation, users can participate more flexibly in the investment and yield accumulation within the crypto market. Serving as a vital link between EtherFi and Symbioticfi, eBTC offers users a new asset allocation option and also propels the further development of the decentralized finance ecosystem.