other project?
Not sure what you're asking exactly. Do you mean a token "bridged" over to BCH/CashTokens from another chain, or are you just asking if something similar is possible on BCH? I don't know anything about warp token, but BCH already has a uniswap UTXO equivalent. (Cauldron) Most anything possible on ETH is supposed to be possible on BCH now, though it requires brand new infrastructure.
Yes bridged Eth for example on Cash token if it is possible then what make sure it keep it value without custody? And how it can be fully backed 1:1
Interchain security modules and different bridge implementations. Same structure Bitcoin Cash has running multiple full node implementations
Check Hyperlane bridge on perplexity AI. They already have some bridges running on BoB and Rootstock for Bitcoin. Obviously not a thing for Bitcoin Cash (L2s) right now, but it would be interesting to figure out a bridge to L1 BCH.
The most benefit I can think of is bringing liquidity for BCH
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